Why institutions remain ‘tentative’ despite $461M in Bitcoin ETF inflows
The post Why institutions remain ‘tentative’ despite $461M in Bitcoin ETF inflows appeared on BitcoinEthereumNews.com.
The cryptocurrency market is currently facing a confusing situation that has left even experienced traders unsure about what comes next. On the surface, things look positive. At the time of writing, Bitcoin [BTC] climbed back to around $72,842, recording a 2.46% gain in the last 24 hours. However, just a week ago, Bitcoin had slipped close to the $63,000 level, leaving traders confused about where the asset might head next. The unusual behavior in the market becomes even clearer when we look at ETF data. According to data from Glassnode, the 14-day netflow trend for Bitcoin has finally started rising again, suggesting that the heavy selling pressure seen in early 2026 is beginning to fade. Source: Glassnode On the 4th of March, U.S. Spot Bitcoin ETFs recorded about $461.9 million in net inflows. A large part of this came from BlackRock’s IBIT ETF, which alone attracted $306.6 million. A market moving at different speeds That said, while Bitcoin was attracting strong inflows, the situation seemed more mixed for other major cryptocurrencies. Ethereum [ETH] spot ETFs also saw inflows, bringing in $169.4 million on the same day. Interestingly, Grayscale’s mini ETH trust led the inflows with $59.5 million. However, the buying interest in Ethereum looked less confident compared to Bitcoin. On the flip side, Solana [SOL] was showing a different trend. Even during the recent market weakness, SOL ETFs continued to see inflows, pulling in $19.1 million on the 4th of March. Source: Farside Investors Ripple’s [XRP] situation appears more cautious compared to other major assets. Its ETF recorded $4.19 million in inflows, continuing the broader trend of positive flows seen over the past few weeks, with only a few brief interruptions. Source: SoSoValue A note of caution Even though these numbers look positive, Glassnode warns that institutional demand is still…
Filed under: News - @ March 6, 2026 8:26 am