US spot Bitcoin exchange-traded funds logged $225.2 million in net inflows on March 3, according to market data, with buying concentrated in BlackRock’s iShares Bitcoin Trust. The IBIT fund drew $322.4 million, offsetting $89.3 million in outflows from Fidelity’s Wise Origin Bitcoin Fund and $28.2 million from Grayscale Investments’s Bitcoin Trust ETF.
The latest activity brings weekly inflows to more than $680 million, extending a rebound after five consecutive weeks of redemptions totaling nearly $4 billion. The turnaround comes as Bitcoin prices stabilized, though broader sentiment indicators remain in extreme fear territory.
Meanwhile, US spot Ether ETFs posted $10.8 million in net outflows, reflecting uneven demand across digital asset products. The mixed flows highlight selective institutional positioning as macroeconomic and geopolitical risks continue to influence crypto market allocation decisions.