Bitcoin (CRYPTO: BTC) spot ETFs recorded $201.62 million in net inflows on March 16, marking six consecutive days of positive flows as BTC tested $76,022 before pulling back to $74,147 at a pivotal compression zone.

The ETF Flow Story

BlackRock’s IBIT (NASDAQ:IBIT) pulled in $139.40 million in a single day, nearly 70% of the entire market’s daily inflow, bringing net assets to $63.21 billion.

Fidelity’s FBTC (BATS:FBTC) added $64.53 million, making it a distant but solid second. 

The six-day streak reversed weeks of outflows as institutional buyers stepped in during the Fear & Greed Index’s extreme fear reading of 15.

The Ascending Triangle Setup

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