Bitcoin climbs as IBIT posts one of the quarter’s biggest inflow days amid Iran volatility
Bitcoin traded near $68,000 as U.S. spot ETFs saw $458 million in inflows, suggesting institutional confidence despite Iran-related volatility.Summary
Bitcoin was trading around $68,000 on Tuesday after U.S. spot Bitcoin ETFs attracted $458 million in net inflows, marking one of the strongest inflow days for the quarter, even amidst the ongoing conflict involving Iran. This significant inflow suggests that institutional investors view the recent volatility, which briefly pushed BTC to $63,000 over the weekend, as contained rather than indicative of a systemic risk. QCP Capital noted that the roughly $300 million in long liquidations triggered by weekend headlines were "notable but contained," emphasizing that market positioning was already light. Furthermore, options markets showed one-day implied volatility briefly spiking before quickly falling, indicating traders were hedging event risk rather than anticipating prolonged escalation. This follows a strong previous week where U.S. spot bitcoin ETFs added $1.1 billion over three sessions, with BlackRock’s IBIT capturing about half of those inflows.
(Source：CoinDesk)