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Crypto

Bitcoin spot ETFs post sixth straight week of net inflows, longest run in nine months

Bitcoin spot exchange-traded funds posted net inflows for a sixth straight week, the longest weekly streak in nine months, Cointelegraph reported. Total net inflows over the period were $3.4 billion, with the strongest week bringing in $996.38 million and the weakest $22.34 million. Flows slowed later in the most recent week, turning to net outflows on Thursday and Friday. Ethereum spot ETFs returned to weekly net inflows of $70.49 million.

Crypto

Bitcoin hovers near $68,000 ahead of first-quarter close in wait-and-see market

Bitcoin stayed weak around $68,000 on March 31 ahead of the first-quarter close, after briefly dipping below $66,000, The Block Crypto reported. Ether moved near $2,035. Flows into spot bitcoin ETFs and ether products were limited. Corporate strategies diverged, with some selling and others increasing holdings. Analysts pointed to higher oil prices, inflation pressure and tight policy expectations, while thin liquidity made prices more sensitive to headlines.