Bitcoin briefly drops to $65,000, spot ETF net inflows remain sluggish for two consecutive days.

With Bitcoin continuously hitting new all-time highs, analysis firms 10X Research and Swissblock have both pointed out the possibility of a pullback. The good news is that they remain optimistic about the future market.

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Bitcoin briefly drops to 65K
Bitcoin ETF has two consecutive days of decline
Bitcoin briefly drops to 65K
On March 14th, Bitcoin reached a new all-time high of $73,787, but on the evening of the 15th, it briefly dropped to $65,588 (-11.11%).

Although it briefly rose above $70,000 (70,659) after the US stock market opened, it was around $69,000 (68,686) at the time of writing.

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Bitcoin plummets! ETF net inflow only 130 million pounds, while Bitcoin sees a significant decline in the same period
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BTC/USDT 1H | Source: OKX
Bitcoin ETF has two consecutive days of decline
Farside Investors
Data shows that the net inflow of Bitcoin spot ETF on March 15th was $198 million.

Compared to the net inflow of $1.045 billion on March 12th and $683 million on March 13th, the net inflow of funds for the two consecutive days was slightly lower (March 14th: $132 million).

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Bitcoin ETF net inflow doubles, BTC and BNB continue to push for new all-time highs
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Grayscale GBTC remains the main net outflow (-139 million US dollars), on par with BlackRock’s net inflow. Since its listing on January 11th, the total net inflow of Bitcoin spot ETF is approximately $12.1 billion.

The net inflow of various issuers on March 15th is as follows:
BlackRock IBIT: $139 million
Fidelity FBTC: $155 million
Bitwise BITB: $20 million
Vaneck HODL: $15 million
Valkyrie BRRR: $1.2 million
Franklin EZBC: $2 million
Wisdomtree BTCW: $3.3 million

Bitcoin ETF fund flow
BTC
Bitcoin
Bitcoin spot ETF

Further reading
Optimistic about the pullback? 10X Research: Bitcoin breaking new highs guarantees an uptrend, the pullback is only temporary
Will Bitcoin experience a temporary pullback? Analysis firms predict BTC to drop to $58,000.