Institutional funds are疯狂ly bottom-fishing? Bitcoin spot ETF inflows reach $458 million in a single day, and market sentiment shows a rare divergence.

BTC0,45%
ETH1,11%
SOL1,01%

March 3 News: Strong capital inflows have once again appeared in the US spot Bitcoin ETF. The latest data shows that the net daily inflow into the spot Bitcoin ETF is approximately $458 million, with BlackRock’s Bitcoin ETF IBIT attracting about $263 million, accounting for most of the total inflow that day. Meanwhile, multiple funds recorded capital inflows simultaneously, and no products experienced net outflows on that day, indicating a clear rebound in institutional willingness to allocate Bitcoin assets.

Data provider SoSoValue reports that this capital return continues recent trends. Previously, in January and February, due to increased market volatility and price corrections, Bitcoin ETFs experienced cumulative outflows of over $1.8 billion. However, last week, market sentiment began to improve, with weekly capital inflows reaching about $787 million, ending five consecutive weeks of outflows.

Nick Ruck, Director of Research at LVRG Research, said that the change in capital flow into spot Bitcoin ETFs may suggest that institutional investors are reassessing the attractiveness of the current price range. After Bitcoin experienced a phase adjustment, some large funds began gradually building positions at lower price levels.

Rachael Lucas, analyst at BTC Markets, pointed out that the market is currently showing clear divergence. The fear and greed index still indicates retail investor sentiment is in the “extreme fear” zone, but institutional investors continue to increase their allocations. She believes this divergence suggests that some long-term capital is positioning itself in anticipation of a potential macro recovery phase.

Lucas also mentioned that the large inflow of funds into IBIT may indicate that major institutions such as pension funds and university endowments are coordinating their purchases. These investors typically adopt long-term asset allocation strategies, so their capital flows are often seen as important market signals.

In addition to Bitcoin ETFs, other mainstream crypto asset ETFs are also experiencing capital inflows. Data shows that Ethereum spot funds saw a net inflow of about $38.7 million on that day, while Solana ETF and XRP ETF attracted approximately $17.4 million and $7 million, respectively.

The timing of the capital return has also attracted attention. Recently, new tensions have emerged in the global geopolitical landscape, with market volatility rising significantly. In this environment, some institutions still view Bitcoin as a potential hedge asset. Andri Fauzan Adziima, Head of Research at Bitrue, stated that institutional investors tend to focus more on long-term structural trends rather than short-term market sentiment, making them more inclined to position during price corrections.

Regarding prices, as of the latest data, Bitcoin is trading at approximately $67,877, up about 2.5% in 24 hours; Ethereum is around $1,993. As ETF capital continues to flow in, whether institutional demand will become a key driver of the next crypto market rally is closely watched by the market.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Businesses are increasing Bitcoin accumulation, leading to a tightening of market supply

The accumulation of Bitcoin (BTC) by companies is rising, significantly impacting the cryptocurrency market. Public firms are buying BTC faster than miners can produce it, reducing supply on exchanges and potentially increasing price volatility. Companies like Metaplanet follow MicroStrategy's lead in holding Bitcoin as a long-term asset. The approval of Bitcoin ETFs and growing institutional interest further boost market demand, suggesting a positive long-term outlook despite potential price fluctuations.

TapChiBitcoin5m ago

Metaplanet establishes two subsidiaries with plans to invest 4 billion yen to develop the Japanese Bitcoin ecosystem

Metaplanet announced the establishment of two subsidiaries on March 12, namely Metaplanet Ventures and Metaplanet Asset Management. The former will invest 4 billion yen to support the Japanese Bitcoin ecosystem, launching an incubator and funding programs; the latter is positioned as a digital credit and Bitcoin capital market platform, aiming to connect Asian and Western capital markets. The first investment is a maximum of 400 million yen in JPYC.

GateNews36m ago

VanEck and Basic Capital collaborate to include digital asset ETFs in U.S. corporate 401(k) retirement plans

Asset management firm VanEck partners with fintech company Basic Capital to include some digital asset ETFs in its 401(k) retirement plan, providing American retirement savers with an indirect investment opportunity in cryptocurrencies, in line with the restrictions previously withdrawn by the U.S. Department of Labor.

GateNews41m ago

Bitcoin Facing $75K Sell Wall Despite Whale and Institution Buy-Ins, Here’s Why - BTC Hunts

Bitcoin struggles to break the $75K resistance despite increased whale investments and institutional buy-ins. Current trading is at $70,525, influenced by market uncertainty related to global events and upcoming economic announcements.

BTCHUNTS55m ago

Indian police arrest suspect involved in GainBitcoin Ponzi scheme at Mumbai airport

Gate News Report, March 11 — India's Central Investigation Bureau (CBI) announced the arrest of Darwin Labs co-founder and CTO Ayush Varshney at Mumbai Airport on suspicion of involvement in the GainBitcoin Ponzi scheme. It is reported that Varshney was attempting to leave India at the time. Investigations revealed that the scheme was operated by Variabletech Pte. Ltd., which attracted investors by promising high returns on crypto investments. Law enforcement officials accused Darwin Labs of developing and deploying critical technological infrastructure for the scheme, including the MCAP cryptocurrency token and ERC-20 smart contracts. Additionally, Darwin also provided technology for GBMiners.com Bitcoin mining platform, BitCoin Payment Gat

GateNews1h ago

Crypto Social Buzz: Bitcoin, Ethereum, and Emerging Coins Lead Discussion

Bitcoin hits 20M mined coins, fueling debates on supply, institutional buys, and market control. Zcash seed round and privacy tech drive social buzz, while Tether gains attention via USAT launch. Ethereum staking, Dogecoin rumors, and TRON AI partnerships dominate crypto social

CryptoFrontNews2h ago
Comment
0/400
No comments