BlackRock Dominates $730M Bitcoin ETF Inflows

The U.S.-based spot Bitcoin ETF recorded $730.8 million in net inflows on September 3, marking a significant one-day total.

BlackRock's IBIT led the session with $454 million in net inflows, accounting for over half of the total.

This dominance by IBIT is notable, as it highlights the concentration of flows within a single product. The day's reported positive flows were largely driven by just three funds: IBIT, ARK 21Shares' ARKB ($137.7 million), and Fidelity's FBTC ($74.4 million).

Other products, such as Grayscale's Bitcoin Mini Trust (BTC) and Bitwise's BITB, also recorded inflows, but the overall total was skewed by IBIT's substantial contribution.