Crypto
Bitcoin Spot ETFs Soar to Record Inflows
On September 3, U.S. spot Bitcoin ETFs witnessed an influx of $731 million in net inflows, marking their strongest single-day performance since January.
The largest contributor to this surge was BlackRock's iShares Bitcoin Trust (IBIT), which attracted a whopping $454 million.
Ethereum spot ETFs also gained traction, with a total of $141 million flowing into the asset class.
This significant institutional demand in regulated crypto products has left market watchers closely monitoring ongoing ETF data to gauge trends and potential impacts on crypto market sentiment.