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Bitcoin Touches $76,000, Holds Near $74,000 as ETF Inflows Stretch to Six Days

Short squeezes plus renewed institutional buying tightened supply to drive the rebound.

Overview

  • U.S. spot Bitcoin ETFs added $199.4 million on Monday, led by BlackRock at $139.4 million and Fidelity at $64.5 million, lifting net inflows to $962.8 million since March 9.
  • Derivatives liquidations erased roughly $330 million to $485.6 million in shorts over 24 hours, helping push BTC to intraday highs near $75,937 to $75,991 before a pullback.
  • Bitcoin is trading in the mid‑$74,000s after a six‑week high, with traders focused on Wednesday’s Federal Reserve decision and ongoing Middle East risk.
  • Digital‑asset investment products drew $1.06 billion last week, the third straight week of inflows, with Bitcoin attracting about $793 million and Ethereum roughly $315 million.
  • Corporate demand continued as MicroStrategy (now “Strategy” in filings) added 22,337 BTC to reach about 761,068 BTC, while BlackRock launched a staked Ethereum trust that helped draw fresh ETH ETF inflows.