U.S. Spot Bitcoin ETFs Draw $167M Inflows as Ether, XRP and Solana Funds See Outflows

U.S. spot Bitcoin ETFs recorded about $167 million in net inflows on Monday, ending a two-day outflow streak, SoSoValue data show. Funds tied to Ether, XRP and Solana saw withdrawals for a third straight day, while Bitcoin traded near $71,000 with a 3% daily gain. MicroStrategy acquired 17,994 BTC between March 2 and 8 for roughly $1.28 billion, and some institutional forecasts cited in the report project Bitcoin could reach $110,000 to $170,000 if the trend continues. The article notes capital leaving Solana and Ethereum is rotating into Bitcoin and Bitcoin-based infrastructure such as Bitcoin Hyper ($HYPER), a Bitcoin Layer 2 integrating the Solana Virtual Machine that has raised $31,906,791.64 and is offering tokens at $0.0136768 in its presale stage.