Wall Street Floods Bitcoin ETFs with $731 Million in Single-Day Surge

Wall Street investors have returned to Bitcoin in force, pouring $731 million into exchange-traded funds (ETFs) on September 3, a single-day record not seen since January 14.

The largest influx came from BlackRock's ETF, which drew over 60% of the total with approximately $454 million. Other major players included ARK and Fidelity, with inflows of around $138 million and $74 million respectively.

This surge in demand has pushed the collective assets managed by these funds to over $103 billion, a figure equivalent to more than 6% of Bitcoin's entire market value.