Bitcoin, Ethereum, XRP Rally as ETF Inflows Hit $458M Amid Strait of Hormuz Crisis

BTC6,75%
ETH5,55%
XRP4,14%

Key Takeaways

Bitcoin jumps 3.5% as ETF inflows reach $458M

Ethereum climbs near $1,966 amid market rebound

XRP trades at $1.36 despite regional tensions

Crypto cap hits $2.33T during oil route crisis

ETF demand boosts BTC, ETH, and XRP prices

Crypto markets rebounded sharply as geopolitical tensions escalated in the Middle East. Bitcoin, Ethereum, and XRP posted solid gains despite disruptions in global oil routes. The total crypto market cap rose to $2.33 trillion, signaling renewed market strength.

Bitcoin Extends Gains as ETF Inflows Strengthen Demand

Bitcoin trades at $68,106 after gaining 3.5% in the past 24 hours. The asset has climbed nearly 8% this week despite a 13% monthly decline. This recovery aligns with strong institutional flows into spot Bitcoin exchange-traded funds.

Farside Investors data shows that Bitcoin ETFs recorded $458 million in inflows on March 2, 2026. These inflows supported price stability during heightened global uncertainty. Institutional demand absorbed selling pressure and strengthened market structure.

Bitcoin ETFs inflows helped stabilise prices amid a backdrop of global uncertainty. The ETF market’s ongoing interest underscored strong demand from institutional investors.

$BTC is back at the $67,000 level.

Middle East situation is still escalating, which is bad for risk-on assets.

As long as Bitcoin holds the $66,000 zone, there’s a good chance of a pump towards the $72,000-$74,000 zone. pic.twitter.com/qTnMGNGXaT

— Ted (@TedPillows) March 3, 2026

Ethereum Rises as Market Cap Expands

Ethereum trades at $1,966 after posting a 9.8% weekly increase. The token gained momentum even though it remains down 17% over the past month. The broader market rebound contributed to Ethereum’s short-term recovery.

The crypto market cap increased by 2.01% within 24 hours. This growth reflects renewed participation across major digital assets. Ethereum benefited from improved sentiment and steady capital rotation into large-cap tokens.

At the same time, regulatory developments supported the market outlook. Speculation around the potential passage of the CLARITY Act added momentum. Policy clarity expectations helped offset geopolitical pressure from the US-Iran conflict.

XRP Advances Despite Ongoing Regional Conflict

XRP trades at $1.36 after gaining 1.15% in the past day. The token also recorded a 2.4% increase over the week. However, XRP remains down roughly 17% over the past month.

The rebound occurred even as global trade faced disruption risks. Iran’s reported control over the Strait of Hormuz raised fears of oil price spikes. Energy supply concerns intensified after officials warned of blocking exports.

Despite these developments, XRP followed the broader market trend. Strong Bitcoin ETF inflows created a spillover effect across major cryptocurrencies. Consequently, XRP sustained moderate gains during the market-wide recovery.

Geopolitical tensions escalated after Iran reportedly tightened control over the Strait of Hormuz. The waterway connects the Persian Gulf to global shipping lanes. It carries nearly one-fifth of global crude oil and liquefied natural gas shipments.

Energy markets reacted to the potential disruption of supply routes. Oil price forecasts pointed toward possible spikes if restrictions continued. However, crypto assets diverged from traditional risk patterns during the same period.

Market participants shifted capital back into digital assets as ETF inflows accelerated. Institutional allocation supported liquidity and improved short-term stability. As a result, major cryptocurrencies regained ground despite external shocks.

The recent price action highlights the growing maturity of the crypto market. Large-cap assets demonstrated resilience during macroeconomic stress. Institutional flows and regulatory expectations reinforced upward pressure across leading tokens.

Overall, Bitcoin, Ethereum, and XRP delivered coordinated gains during a volatile global backdrop. ETF demand, expanding market capitalization, and policy optimism drove the recovery. The market maintained strength even as geopolitical tensions remained unresolved.

Analysts say the ETF-driven liquidity could sustain momentum.

This article was originally published as Bitcoin, Ethereum, XRP Rally as ETF Inflows Hit $458M Amid Strait of Hormuz Crisis on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Over the past hour, the entire network has experienced liquidations exceeding $75 million, mainly short positions.

Odaily Planet Daily reports that Coinglass data shows that in the past 1 hour, the total liquidation across the network was $75.86 million, including $73.70 million in short positions and $2.15 million in long positions. Additionally, BTC liquidations reached $58.40 million, and ETH liquidations totaled $8.91 million.

GateNews3m ago

Bitcoin ETFs Record $290.89M Daily Inflow, Ethereum ETFs See $18.76M Outflow on March 4

Gate News bot message, according to March 4 data, Bitcoin ETFs registered a single-day net inflow of 4,046 BTC (equivalent to $290.89 million), with weekly net inflows reaching 20,816 BTC ($1.5 billion). Ethereum ETFs experienced a single-day net outflow of 9,049 ETH (equivalent to $18.76 million),

GateNews10m ago

BTC Breaks Through 72,000 USDT

Gate News bot message, Gate market display, BTC breaks through 72,000 USDT, current price 72,008 USDT.

CryptoRadar21m ago

Crack down on illegal black markets! The UK considers opening up the gaming market to accept cryptocurrency payments

Author: Fenrir, Crypto City From the regulatory gray area to the mainstream, the UK Gambling Commission explores the possibility of crypto asset payments The UK Gambling Commission (UKGC) recently signaled a major policy shift, planning to formally explore the integration of cryptocurrencies into compliant gambling markets. During the annual conference of the Betting and Gaming Council (BGC) in London, the commission’s Director of Research and Policy Implementation, Tim Miller, pointed out that digital assets are transitioning from the regulatory gray area to mainstream payment options. Image source: Lottery Daily | UK Gambling Commission (UKGC) Director of Research and Policy Implementation Tim Miller This move reflects the UK government’s commitment to establishing the country as a global “crypto hub,” and aims to connect one of the largest economic pillars domestically with modern consumer payment preferences. According to statistical data, currently

区块客35m ago

Data: 435.91 BTC transferred from an anonymous address, worth approximately 20.71 million USD

ChainCatcher message: According to Arkham data, at 21:39, 54.999894 BTC (worth approximately $3.92 million) was transferred from an anonymous address (starting with 168Bve...) to Cumberland DRW.

GateNews53m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)