Morgan Stanley has filed another amendment to its registration documents for a spot Bitcoin ETF.

Spot Bitcoin ETFs recorded their first monthly net inflow in 2026.

U.S. spot Bitcoin ETFs drew fresh demand on Tuesday, March 31, logging net inflows of $117.5 million as Bitcoin traded close to the $69,000 mark. BlackRock's iShares Bitcoin Trust (IBIT) led the day's intake with $98.4 million, according to Farside UK. Fidelity's FBTC added $16.2 million, while Bitwise and ARK recorded smaller contributions and several issuers were little changed. The rebound follows a volatile March. Spot Bitcoin ETFs posted net outflows of $163.5 million on March 18 and $225.5 million on March 27. Since launch, IBIT remains the clear leader with more than $63.2 billion of cumulative inflows, compared with about $11 billion for FBTC. Grayscale's GBTC continues to see persistent redemptions, totaling roughly $26 billion in net outflows, a sign investors are rotating toward lower-fee products. The renewed ETF buying comes as other institutional activity sends mixed messages. CoinShares reportedly moved 10,720 BTC (about $720 million) to new wallets over two days, its largest-ever Bitcoin outflow. MicroStrategy also paused its buying streak last week, ending a 13-week run of purchases. On-chain data shows MicroStrategy accumulated 90,831 BTC via equity issuance and convertible notes, with buying peaking between March 2 and March 15, including a $1.57 billion purchase. By March 23, purchases had slowed to 1,031 BTC. The company now holds 762,099 BTC at an average cost of $75,694 per coin, representing more than 2.8% of Bitcoin's total supply. Bitcoin's price action is testing a key zone. Analyst Ted Pillows said BTC was rejected in the $69,000–$70,000 resistance area, a level that previously acted as support before flipping to resistance. According to the chart shared by Pillows, Bitcoin has been trading lower after failing to hold above $85,000, with a pattern of lower highs into early 2026. After breaking below $80,600, BTC slid into the mid-$60,000s and then moved into a sideways consolidation phase. The current range sits between $65,000 and $70,000, with additional resistance at $72,800 and $76,400. If momentum improves, a short-term move toward those resistance levels remains possible. Heavier selling could pull BTC toward support around $60,400 and $55,100. At press time, Bitcoin was near $68,565, up 3.32% on Wednesday, April 1, as ETF inflows offset signs of slower institutional buying and distribution signals on-chain.

Market flash: Estimates indicate Michael Saylor's Strategy purchased 546 BTC today through STRC, equivalent to roughly 1.2 times the amount of bitcoin mined over the same period.

Riot Platforms has reportedly sold an additional 500 Bitcoin, with the transaction valued at about $34.13 million.

On-chain analyst Maartunn (\u0022@JA_Maartun\u0022), a verified CryptoQuant community analyst, reported an unusual burst of long-dormant Bitcoin moving on-chain. According to his post, 100 BTC that had not moved for more than 10 years was spent in a single block on March 31, followed shortly by another 500 BTC of similar age. Total 10+ year coins moved exceeded 700 BTC within 24 hours. CryptoQuant\u0027s Spent Output Age Bands data shows distinct spikes in the 10-year-plus bracket. The metric is often associated with long-term holders taking profit, consolidating wallets, or positioning to sell. Maartunn said he is continuing analysis to pinpoint the wallets involved. The activity comes as attention remains on a Google Quantum AI paper that claims a 20x reduction in the resources required to break Bitcoin\u0027s elliptic-curve cryptography. The paper estimates about 6.9M BTC (roughly 32% of supply) is held in wallets with exposed public keys. It is not yet clear whether the coin movement is connected to quantum concerns or simply coincidental.

BlackRock has filed an amended S-1 for the iShares Bitcoin Premium Income ETF (ticker: $BITA), outlining a covered-call approach built on its spot Bitcoin ETF, iShares Bitcoin Trust ($IBIT). Under the structure, $BITA would gain Bitcoin exposure by investing in $IBIT, then systematically sell call options against that position to generate option premium. That premium is expected to be distributed to shareholders, pairing BTC exposure with an income component. The trade-off is typical of covered-call strategies: income potential tends to be strongest in flat or gradually rising markets, while upside can be limited during sharp rallies as sold calls can cap gains. Covered-call strategies are widely used in equity income ETFs; $BITA applies the same framework to Bitcoin. $IBIT currently holds about $70B in BTC, and $BITA would represent an additional layer of product design on top of it. BlackRock has not yet announced a fee or launch date. Bloomberg's Eric Balchunas estimates the expense ratio could land around 38 bps.

Genius Group Ltd. (GNS), a Singapore-based AI education company, has sold its remaining Bitcoin holdings to fully repay $8.5 million of debt, the company said in its Q1 2026 results release. Genius Group added that it intends to rebuild its Bitcoin treasury "when market conditions are more favourable." The move follows earlier disposals of 96 BTC between December 2025 and February 2026 at an average price of about $73,238 per coin. While the company had branded itself as a "Bitcoin-first" public company, it opted to eliminate debt rather than continue holding through the current drawdown. Operationally, Genius Group reported Q1 revenue of $3.3 million, up 171% year over year. Gross profit rose 228% to $2.0 million, and net profit from operations came in at $2.7 million, swinging from a loss a year earlier. The company said it is now debt-free.

BlackRock has filed an amended S-1 registration statement for its iShares Bitcoin Premium Income ETF, which is expected to trade under the ticker BITA.