US spot Bitcoin ETFs pulled in $69.59 million on Monday after a rough week that saw $296 million in net outflows, according to Farside Investors. BlackRock's IBIT alone bled $202 million on March 27. BTC is trading at $67,027 per CoinGecko. The quarter-end rebalancing story explains most of the selling.

Institutional mandates trim overweight positions mechanically. The real signal will be whether inflows pick back up in the first week of April once the rebalancing window closes.