Bitcoin ETFs Break 4-Week Streak, BTC at $66K — Rio Times
By Richard Mann
Published on March 28, 2026.
Bitcoin Exchange Trading (BTBT) ETFs broke their 4-week inflow streak with $296M in weekly outflows, the clearest institutional risk-off signal since the war began. This comes as all three US indices enter correction, with Bitcoin down 2.08% and ETH breaking below $2,000 for the first time since early February. The Dow's entry into correction territory, along with the Nasdaq and S&P 500, means every major US equity benchmark is now in a downward trend. Morgan Stanley filed for a BTC ETF at 0.14%, the lowest fee in the market, and it is backed by 16,000 advisors managing $6.2 trillion. Tether has hired KPMG (with PwC assisting) for its first independent audit of USDT’s reserves, providing the specific firm name that was missing from the announcement. The $296 million weekly ETF outflow is a sign of a shift in institutional positioning, indicating a macro impact of the war's macro impact. The price of the Bitcoin price today was also highlighted by the extension of the Iran deadline to April 6 and the potential for an extended delay in trading due to uncertainty over the outcome of this deadline. The NYSE parent ICE completed a $600 million investment in Polymarket as part of a $2 billion funding deal.
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