Bitcoin climbs as IBIT posts one of the quarter’s biggest inflow days amid Iran volatility

CoinDesk

by Sam Reynolds

March 3, 2026

AI-Generated Deep Dive Summary

Bitcoin prices climbed near $68,000 on Tuesday as U.S. spot Bitcoin ETFs saw one of the quarter’s strongest inflow days, with $458 million added amid ongoing tensions between Iran and Israel. This surge suggests institutional investors are viewing recent market volatility as contained rather than a systemic issue. The inflows were driven by major players like BlackRock’s IBIT ETF, which accounted for roughly half of the total $1.1 billion added over three consecutive sessions last week. The movement in Bitcoin prices came despite geopolitical tensions and a brief drop to $63

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Originally published on CoinDesk on 3/3/2026