Bitcoin ETF: net inflow in March 2026 totaled $1.2 billion — short-term spike or structural shift? The Bitcoin ETF recorded a net inflow of $1.24 billion in March 2026. This figure not only ended the previous two-month period of fund stagnation but also approached the quarterly average level of Q4 2025 in total volume. Looking at the timeline, the pattern of fund inflow clearly shows a "low first, then high" trend: in the first half of the month, the average daily inflow was about $28 million, and in the second half, it increased to over $75 million. This acceleration is not caused by a single event but results from the convergence of vectors across three directions: macro expectations, asset valuation ratios, and market structure. An even more significant change is that this round of inflows was not accompanied by a proportional increase in биткоин's price. As of April 1, 2026, according to Gate quotes, биткоин is trading at $68,550 USD, with a 24-hour increase of 2.7%, while ETF inflows have increased several times. This indicates that current funds are more focused on "position supplementation" and "structural rebalancing" rather than simple chasing of growth. The market is transitioning from a volatile phase, largely driven by retail sentiment, to a "inventory optimization" phase driven by institutional capital.

According to the APP "Golden Shape" report, U.S. President Trump signed a statement on Thursday aimed at adjusting national tariffs for security reasons on the import of steel, aluminum, and copper (Section 232 tariffs). This adjustment is intended to lower tariff rates on derivative metals, simplify declaration procedures, and prevent undervaluation of import values.
The statement says that the U.S. will maintain a 50% tariff on imports of such bulk goods as steel, aluminum, and copper, but now this rate will be applied to the price paid by American consumers. The main changes concern derivative products, where a threshold metal content is introduced for more accurate duty assessment.
Details of the new rules
Under the new rules, if the steel, aluminum, or copper content in a derivative product by weight is less than 15%, the U.S. will cancel the previously applicable 50% tariff, effectively exempting such goods from duties. This measure is intended to exempt products with very low metal content, such as perfume bottles with aluminum caps or dental floss boxes with miniature steel blades.
For derivative products with metal content exceeding 15%, a reduced tariff rate of 25% will be applied, but this rate will be calculated based on the total value of the imported product, not just the metal content. Thus, for products like washing machines or gas stoves, where steel is a main component, the duty will be 25% of the total value.
Meanwhile, bulk goods made of steel, aluminum, and copper will retain a high 50% duty, calculated on the entire sale price. According to officials, these measures could generate additional revenue from tariffs and also simplify customs declaration, eliminating opportunities to evade tariffs by undervaluing metal content.