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

ETH-0,43%
XRP0,21%

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.

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