Bitcoin ETFs Add $471M in Biggest One-Day Haul Since February

In brief Bitcoin ETFs recorded $471 million in inflows Monday, the largest since February. Iran responded to America’s 15-point plan with its own 10-point plan including reopening the Strait of Hormuz with a $2 million per ship fee. Prediction market users on Myriad have optimistically repriced a spike in traffic through the Strait before May, from 43% on April 3 to 68% today. Bitcoin ETFs posted their largest single-day inflow since late February as investors positioned ahead of President Trump's Tuesday-night deadline on Iran. The funds added $471.3 million on Monday, led by BlackRock's IBIT with $181.9 million, followed by Fidelity's FBTC at $147.3 million and ARKB at $118.8 million, according to SoSoValue data. Every ETF recorded net inflows or held flat, with none seeing outflows. The inflows come as Bitcoin trades at around $69,200, down 1% over the past 24 hours and up 3.7% on the week, according to CoinGecko data . “Institutional positioning right now looks more like measured accumulation than a binary bet on geopolitics,” Wenny Cai, Founder and CEO of decentralized derivatives exchange SynFutures, told Decrypt . This move from institutional investors shows that they’re stepping back in, but through “structured allocation rather than chasing a near-term resolution of the Middle East conflict,” Cai explained. The flows follow a flurry of diplomatic activity in the U.S.-Iran conflict. Iran delivered a “10-point” response to the U.S. “15-point peace plan,” demanding a permanent end to the war, the lifting of all sanctions, and an end to Israeli strikes in Lebanon. In return, Iran would reopen the Strait of Hormuz but impose a $2 million fee per ship, splitting proceeds with Oman. BREAKING: Iran has delivered its highly anticipated "10-point" response to the US' "15-point peace plan." Iran's 10-point plan includes: 1. Guarantee that Iran will not be attacked again 2. Permanent end to the war, not just a ceasefire 3. End to Israeli strikes in Lebanon 4.… — The Kobeissi Letter (@KobeissiLetter) April 6, 2026 However, negotiators are “pessimistic” Iran will bend to meet Trump's demand to reopen the strait before his Tuesday-night deadline, The Wall Street Journal reported . A strategic adviser to Iran's parliament speaker struck a defiant tone: "It is Trump who has about 20 hours to either surrender to Iran or his allies will return to the Stone Age," according to The Kobeissi Letter’s post Tuesday. As a result, oil prices have extended gains to $115.50 per barrel, up 110% since December 2025 lows as the reopening of the Strait of Hormuz—a key variable—remains shrouded in uncertainty. Users on prediction market Myriad , owned by Decrypt's parent company Dastan, see a 68% chance that average ships transiting the strait will rise above 15 before May—up from 43% on April 3, reflecting growing but cautious optimism. Nevertheless, Myriad users put an 84% chance on crude oil’s next move taking it to $120. For Bitcoin, the path forward hinges on whether diplomatic efforts succeed, Decrypt previously reported , with analysts suggesting a potential retest of $80,000 was possible if the ceasefire talks yield an end to hostilities.  “If tensions ease, Bitcoin could be one of the first assets to reprice higher, but a sustained bull run will still depend more on global liquidity than geopolitics alone,” Cai said. However, Bitcoin’s resilience since the war began on February 29 underscores a shift in its narrative. That, combined with steady ETF demand and macro hedging, could keep Bitcoin supported near current levels, with $70,000 acting more as a test zone than a firm floor, Cai said, tempering optimistic expectations. Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. Your Email Get it! Get it!