U.S. Bitcoin ETFs draw $731 million in biggest inflow since January

U.S. spot Bitcoin ETFs have recorded $730.9 million in net inflows in their strongest single trading session since mid-January, led by more than $450 million entering BlackRock’s iShares Bitcoin Trust. Summary U.S. spot Bitcoin ETFs recorded $731 million in net inflows on Sept. 3, their strongest single trading day since January. BlackRock’s IBIT led the session with $454 million, followed by $138 million for ARKB and roughly $74 million for Fidelity’s FBTC. Combined Bitcoin ETF net assets reached $103.34 billion, equal to just over 6% of Bitcoin’s market capitalization. The inflows followed a $236 million withdrawal on Sept. 1, when IBIT alone recorded roughly $201 million in redemptions. According to SoSoValue data for Sept. 3, the group posted its largest daily inflow since Jan. 14, when the funds attracted $843.6 million, pushing cumulative net inflows since their January 2024 launch to $55.44 billion. Bitcoin ETF inflows reach $731 million BlackRock’s IBIT accounted for $454 million of Thursday’s inflows, representing more than 60% of the total. The latest allocation brought the fund’s cumulative net inflows to $63.94 billion. ARK Invest and 21Shares’ ARKB ranked second with $...