Bitcoin and Ethereum Prices React to Geopolitical Developments

Investors holding spot Bitcoin ETFs faced losses at the end of the first quarter of 2026, despite March seeing a return of inflows. The net outflows for the quarter totaled approximately $500 million, following consecutive months of withdrawals.

The funds experienced heavy redemptions in January, with $1.61 billion being pulled from them, followed by further withdrawals of $207 million in February. However, March saw inflows of $1.32 billion, which fell short of offsetting the early-quarter losses.

Investor sentiment remained fragile throughout March, as evidenced by readings from the Crypto Fear & Greed Index staying under 20 for most of the month. This range is tied to 'Extreme Fear.'