Remove AirDrop Icon from macOS Menu Bar

If you do not want the AirDrop Icon to appear on the macOS Menu bar, follow the below steps,

1. Click on the Apple Logo  on the Menu Bar,
2. Select System Preferences... (System Settings if on macOS Ventura 13.0),
3. Now go to Control Center on the side bar,
4. Under Control Center Moduels -> AirDrop -> "Don't show on Menu Bar",
5. Close Control Center Window.