$BTC & $ETH ETF Flows in the last 48 Hours

🔸 Bitcoin ETF Flows
➜ March 4, 2026 🟢 +$461.9M Net Inflow
- BlackRock IBIT: +$306.6M (dominant leader)
- Fidelity FBTC: +$48.0M
- ARK Invest ARKB: +$14.6M
- Invesco BTCO: +$9.1M
- Bitwise BITB: +$8.0M
➜ March 3, 2026 🟢 +$225.2M Net Inflow
- BlackRock IBIT: +$322.4M (massive inflow)
- Fidelity FBTC: -$89.3M (outflow)
- Grayscale GBTC: -$28.2M (outflow)
Combined 48-Hour Total: +$687.1M net inflow into Bitcoin ETFs
🔸 Ethereum ETF Flows
➜ March 4, 2026 🟢 +$169.4M Net Inflow (highest level in 2 months)
- BlackRock ETHA: +$39.3M (leader)
- Fidelity FETH: +$30.3M
- Grayscale ETHE: +$21.9M
- VanEck ETHV: +$9.5M
➜ March 3, 2026 🔴 -$1.5M Net Outflow
Ethereum was the only crypto ETF category with outflows on this day. Bitcoin ETFs absorbed the bulk of institutional capital
Combined 48-Hour Total: ~+$168M net inflow into Ethereum ETFs
What does this mean?
1. After a brutal 5-week outflow streak ($8.9B) in Bitcoin ETFs, tides seem to be turning with over $680M entering in just 48H. That must be good, right?
2. Some analysts have said that the recent inflows is cause of Bitcoin's resilience during this war, so they're using it as a hedge.
3. Bitcoin pumped 8% to break $73,000 (one-month high) on the back of these flows, so maybe ETF demand and spot PA are not as disconnected as we thought.
In any news, I expect major dips along the way before we full send.
Don't get too excited.