US spot Bitcoin funds began the week with strong inflows, extending last week’s rebound despite escalating conflict in the Middle East. Bitcoin exchange-traded funds recorded $458.2 million of inflows on Monday, adding to the prior week’s $787.3 million, pushing cumulative net inflows to $55.3 billion. Trading volume climbed to about $5.8 billion — the highest level since early February.
Bitcoin rose roughly 3% on Monday. Analysts attributed the gains to strong spot buying from U.S. investors and noted improving sentiment despite geopolitical risks.
Altcoin ETFs also saw inflows, though smaller: Ether funds drew about $39 million, Solana products $17 million, and XRP offerings $7 million.
BlackRock’s iShares Bitcoin Trust (IBIT) led Bitcoin ETF inflows with $264 million. Fidelity’s Wise Origin Bitcoin Fund (FBTC) added about $95 million, and Bitwise’s Bitcoin ETF (BITB) took in $36 million.
Market participants said Bitcoin held up well amid rising U.S.–Iran tensions. Samson Mow, CEO of Jan3, noted that Bitcoin “held steady through the weekend” despite downward pressure from reported strikes, adding that “it definitely feels different than from previous months.” CryptoQuant analysts observed that short-term holders “aren’t blinking” and that sell-side pressure from recent buyers appears to be fading, replaced by patience or exhaustion.
VanEck CEO Jan van Eck told CNBC he believes Bitcoin is approaching a bottom and is set to gradually pick up this year, citing the influence of the four-year halving cycle. JPMorgan analyst Mislav Matejka described the geopolitical escalation as a buying opportunity rather than a reason to exit markets, saying fundamentals remain positive even as volatility may rise.
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