Spot Bitcoin ETFs net flows were negative on Friday despite significant inflows recorded by BlackRock, Fidelity, Bitwise, and Ark 21Shares. Spot Bitcoin ETFs witnessed $140 million net outflow on March 1, according to data by Bloomberg and BitMEX Research. The massive $492.2 million GBTC outflow, took the inflows down. But still Bitcoin ETFs managed a $1.7 billion net inflow. Eric Balchunas, senior ETF analyst at Bloomberg also noted at the possibility of inflows getting lower. Recent reports have hinted at a potential correction in BTC price to $42K after bitcoin halving, giving investors another buy-the-dip opportunity. However, the Bitcoin price to $100K prediction still remains.
Source: https://coinpedia.org/crypto-live-news/amid-bitcoin-etfs-1-7b-net-inflow-a-fall-coming-soon/