Spot silver drops below $85 per ounce, down 5.95% intraday

Gold drops 3% amid US-Iran war, Bitcoin rises 12% to become the strongest geopolitical asset

After the outbreak of the US-Iran war, Bitcoin outperformed traditional safe-haven assets, rising 12.1% within four days. Gold and silver declined due to reduced safe-haven demand. The war led to a decrease in oil tanker traffic through the Strait of Hormuz, putting upward pressure on oil prices. AI research shows that Bitcoin is favored in currency choices.

BlackRock only 1.28 billion USD holding includes 17,642 BTC in just 10 days

BlackRock has significantly increased its Bitcoin exposure by acquiring 17,642 BTC since February 24, totaling approximately $1.28 billion. This move reflects sustained institutional interest in Bitcoin despite ongoing price volatility and indicates a positive outlook for its role in diversified asset portfolios. Analysts are closely monitoring institutional capital flows to assess their impact on liquidity and short-term price trends.

Scotiabank in Canada partners with 3iQ to launch a multi-asset cryptocurrency ETF

PANews March 5 News, according to Cointelegraph, one of Canada's Big Five banks, Scotiabank, has partnered with digital asset management firm 3iQ to launch a new multi-asset cryptocurrency ETF. The fund is managed by Scotiabank's asset management company Dynamic Funds and will be listed on Cboe

U.S. SOL spot ETF's total net inflow for the day is $19,063,700.

According to SoSoValue data, on March 4th, SOL spot ETF had a single-day net inflow of $19,063,700, with only Bitwise Solana Staking ETF(BSOL) contributing. The total net inflow in history reached $35,084,500. Currently, the total assets under management are valued at $900 million, with a cumulative net inflow of $971 million.

Gate Daily (March 5): Zerohash applies for a U.S. trust bank license; Paradex launches genesis airdrop

Bitcoin rebounded to $72,980 on March 5th. Zerohash has applied for a national trust bank license and plans to offer digital asset and other services. Paradex has launched a genesis airdrop and adjusted its tokenomics. Additionally, the US stock market rose supported by economic data, market sentiment is positive, and investors have a favorable outlook on Bitcoin's future.

U.S. XRP spot ETF's total net inflow on a single day: $4,191,400

On March 4th, XRP spot ETF experienced a net inflow of $4,191,400 in a single day, mainly from the Canary XRP ETF(XRPC), with a total historical net inflow of $5,636,600. The total assets under management are $1.08 billion, with a net asset ratio of 1.21%.