BlackRock Dominates Bitcoin ETF Inflows as U.S. Spot Market Draws $730.8 Million

U.S. spot Bitcoin ETFs attracted $730.8 million in net inflows on September 3, but one fund dominated the session.

The BlackRock IBIT fund was responsible for roughly 62% of this total, with $454 million in net inflows.

This leaves many other funds struggling to keep up, with only a few managing to record significant inflows. The Fidelity FBTC and ARK 21Shares' ARKB funds added another $74.4 million and $137.7 million respectively.

However, not all funds were successful in attracting investment on September 3. VanEck's HODL fund lost $19.6 million, while WisdomTree's BTCW posted a $5.2 million outflow.