Key Takeaways
- BlackRock’s IBIT led all funds with $263.2M in inflows, 57.4% of the daily total.
- Eight of 11 tracked funds posted positive inflows. Three had no activity. None saw outflows.
- The inflows extend a reversal from five consecutive weeks of net outflows earlier in 2026.
March 3 (Crypto-News.Net) – U.S. spot Bitcoin ETFs recorded $458.2 million in net inflows on March 2, with no fund recording a single dollar in outflows. The inflows came on the third day of U.S.-Israel military strikes on Iran.
Of the 11 funds tracked by Farside Investors, eight posted positive inflows. Three funds, Valkyrie’s BRRR, WisdomTree’s BTCW, and Grayscale’s GBTC, recorded zero activity in either direction, according to data from Farside Investors.
BlackRock’s IBIT Leads the Pack
BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $263.2 million of the total, or 57.4%. Fidelity’s FBTC followed with $94.8 million. Bitwise’s BITB added $36.4 million. Together, the top three funds brought in $394.4 million, or 86.1% of the day’s total.
VanEck’s HODL pulled in $19.5 million and Grayscale’s Bitcoin Mini Trust added $18.4 million. Franklin Templeton’s EZBC recorded $14 million, Invesco Galaxy’s BTCO took in $6.2 million, and ARK 21Shares’ ARKB added $5.7 million.
Outflow Streak Reversal Continues
The March 2 inflows came after a difficult stretch for Bitcoin ETFs. The funds had lost roughly $4.5 billion in net outflows in 2026 before a late-February turnaround, according to the Farside data.
A five-week consecutive outflow streak ended the prior week. The funds pulled in $787.3 million during that week. Since their January 2024 launch, U.S. spot Bitcoin ETFs have attracted $54 billion to $55 billion in cumulative net inflows.
Markets Recover After Early Losses
U.S. equity markets opened lower on March 2 but recovered by the close. The S&P 500 fell as much as 1.2% during the session before finishing up 0.04% at 6,881.62, according to CNBC market data. The Nasdaq Composite closed up 0.36% at 22,748.86.
Bitcoin followed a similar pattern. The cryptocurrency dropped roughly 4% to about $63,000 over the weekend after strikes began on Feb. 28. It reached an intraday high above $68,000 on March 2 before settling near $66,500, according to a Fortune report. About $300 million in forced selling by leveraged traders was triggered during the initial drop, according to QCP Capital.
Brent crude oil rose as much as 13% during the session before closing near $78 per barrel, up roughly 7%. Gold reached a one-month high above $5,384 per ounce.
Spot Ethereum ETFs recorded $38.69 million in inflows on the same day, according to Farside Investors.
Reporting & Editing by Zoran Spirkovski
