Bitcoin ETFs saw $471 million in inflows on Monday—the highest since February—led by BlackRock’s IBIT, Fidelity’s FBTC, and ARK’s ARKB, with no funds recording outflows. This suggests institutions are steadily accumulating Bitcoin rather than making short-term geopolitical bets.
The inflows come as Bitcoin trades around $69,200, amid rising geopolitical tensions between the U.S. and Iran. Iran has proposed a 10-point plan in response to a U.S. 15-point peace proposal, including reopening the Strait of Hormuz with a $2 million fee per ship. However, negotiations remain uncertain, with reports indicating pessimism about reaching an agreement before President Donald Trump’s deadline.
Oil prices have surged to $115.50 per barrel, while prediction markets show rising confidence that shipping activity through the Strait of Hormuz will increase before May. At the same time, traders expect oil could climb further to $120.
Despite geopolitical risks, Bitcoin has shown resilience, supported by steady ETF demand and macro hedging. Analysts say easing tensions could push Bitcoin toward $80,000, though any sustained rally will depend more on global liquidity than geopolitics alone.
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