Crypto
BlackRock Dominates Crypto ETF Inflows as Bitcoin and Ethereum Draw Record $731 Million
On September 3rd, U.S. spot Bitcoin exchange-traded funds (ETFs) attracted a record $731 million in net inflows, marking one of the strongest single-day readings in recent months.
BlackRock's iShares Bitcoin Trust (IBIT) was the leading fund, pulling in $454 million as it extended its lead in the increasingly competitive ETF landscape. This represents more than 60% of all Bitcoin ETF inflows for the day.
Ethereum funds also joined the rally, with spot products tracking the second-largest cryptocurrency collecting $141 million in net inflows during the same session. BlackRock's iShares Ethereum Trust (ETHA) led that category with roughly $72.07 million in fresh capital.