Institutions Again Show Interest in Reaccumulating Bitcoin as ETF Inflows Surge: Glassnode

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bitcoin jumps above $70,000 amid recovering BTC ETF inflows Bitcoin might start pulling funds out of gold: Analyst Advertisement Prominent on-chain data aggregator Glassnode has published a report commenting on Bitcoin’s recent price jump, which was triggered by several big factors, including stabilizing inflows into the spot Bitcoin ETFs. Meanwhile, an analyst expects that funds may start flowing soon from gold into Bitcoin. You Might Also Like Tue, 03/03/2026 - 19:18 'Pefect' Bitcoin Would Cost $750,000, According to Bitwise By Alex Dovbnya HOT Stories Ex-Ripple Engineer: XRP Protocol Freeze Influenced Ethereum, Google Issues Scam Alert for iPhone Users, Shiba Inu (SHIB) Secures Binance Trading Expansion: Morning Crypto Report Hayes Issues Dire Warning About Bitcoin's Impressive Price Rally Bitcoin jumps above $70,000 amid recovering BTC ETF inflows Glassnode shared a chart showing that inflows into Bitcoin ETFs from financial institutions have been getting more stable after the recent decline over the past two weeks. This coincides with the Bitcoin price curve shown on the chart as well. Advertisement Glassnode stressed that this is a sign that the distribution pressure is getting easier as Bitcoin has surged above the $74,000 level. The report also stresses that while the Bitcoin demand from financial institutions remains “tentative,” there are definite early signs that institutions have begun reaccumulating Bitcoin after the recent sell-off. $BTC Spot ETF flows are stabilising after sustained outflows. The 14-day netflow trend has turned higher, signalling easing distribution pressure as BTC breaks above 70k. Institutional demand remains tentative, but early re-accumulation signs are emerging. https://t.co/hg7QVKm2v7?from=article-links pic.twitter.com/1jOmbMoojE — glassnode (@glassnode) March 5, 2026 Bitcoin might start pulling funds out of gold: Analyst A pseudonymous analyst @CryptosBatman has published a tweet , sharing that he sees signs of potential rotation of capital from gold back into the world’s largest cap cryptocurrency. Advertisement The analyst shared a BTC/GOLD chart, commenting that Bitcoin trading against gold is going back to bearish market levels. The RSI is confirming this bottom, he emphasized. Currently, BTC/GOLD is moving within the trendline that marked bear market lows back in 2019 and 2022. While the RSI here is deeply oversold, the analyst says he will not be surprised if investors begin moving money from gold into Bitcoin, as eventually happened in 2019 and 2022. #Bitcoin #Bicoin ETF