Bitcoin ETFs Scoop $458M While BTC Revisits $70K

Key Insights:

• Bitcoin ETFs that led Monday’s inflows: BlackRock ($263.2M) and Fidelity ($94.8M)
• Monday’s New York session saw BTC price pump 5.2%; Monday’s closing price was above $68,000.
• Bitcoin price dropped below $68,000 during Tuesday’s London session.

US Bitcoin spot exchange-traded funds (ETFs) reported net inflows of $458.19 million on March 2nd, 2026. Bitcoin went as high as $70,111 on Monday, closing the session at $68,821 as the conflict between Iran and Israel showed no signs of de-escalation. Meanwhile, US crypto spot ETFs collectively reported net inflows of $522 million.

Bitcoin ETFs March 2nd Flows: BlackRock, Fidelity Lead Inflows

Bitcoin ETFs marked 2026’s eighth-largest daily net inflows with the $458.19 million addition, according to SoSoValue data.

BlackRock (NASDAQ: ETHA) Bitcoin spot ETF reported an inflow of $263.19 million, marking Monday’s biggest inflow. Fidelity (CBOE: FBTC) clocked $94.8 million in inflows. Eight of the 12 funds reported inflows. None of the funds reported outflows.

March 2nd was the month’s first trading session, marking a strong start. Bitcoin ETFs pulled in over $700 million (net inflows) in the last week of Feb, breaking a three-month net outflow streak.

Monday’s other buyers: Bitwise (NYSE: BITB) reported inflows of $36.4 million; VanEck (CBOE: HODL) added $19.54 million; Grayscale (NYSE: BTC) added $18.36 million; Franklin (CBOE: EZBC) reported an inflow of $13.98 million; Invesco (CBOE: BTCO) added $6.2 million; and Ark & 21Shares (CBOE: ARKB) added $5.73 million.

Meanwhile, combined, US crypto spot ETFs reported net inflows of $522 million. ETH spot ETFs reported net inflows of $38.69 million, Solana ETFs recorded $17.41 million in net inflows, and XRP ETFs added $6.97 million. None of the funds in any crypto ETF category reported outflows on Monday.

Notably, Dogecoin ETFs broke an 18-day streak of inactivity, reporting daily net inflows of $779.01K on Monday.

BTC Price Posts Strong Green Candle on Monday Amid Iran War

Bitcoin ETFs’ Monday flows came in as Bitcoin price posted a strong green daily candle, TradingView data shows.

Notably, the New York session saw Bitcoin surge steadily, marking higher highs through the day, as seen on the 1-hour time frame. At the New York Session’s close, BTC price was 5.2% higher than at the session’s starting price.

This report was being drafted within two hours of the start of the London session. BTC price was down 2.6% from Monday’s close as of press time.

Notably, Monday’s strong BTC ETF net inflows figure comes amid the exacerbating conflict between Israel and Iran. Iran is aggressively targeting US allies, including Gulf Oil-exporting nations like Saudi Arabia, Kuwait, and Qatar.

The United States already has multiple warplanes in the Israel-Iran war. This is a joint war on Iran launched by Israel and the US.

Iran is specifically targeting Oil rigs and other military installations in these countries, expecting to send shockwaves in the global economy. The latest significant economic impact from the war is the sharp surge in Oil prices. Iran announced the closure of the Strait of Hormuz on Tuesday, a fifth of the world’s oil supply.