Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC The U.S. spot Bitcoin ETF recorded a net inflow of US$731 million in a single day, the strongest trading performance since January.
On September 3, the U.S. spot Bitcoin ETF recorded a net inflow of US$731 million. This is the strongest single-day trading performance since mid-January. Among them, BlackRock's iShares Bitcoin Trust (IBIT) led the audience with inflows of more than US$454 million.
Overview of capital flows and market data
According to SoSoValue, on September 3, the sector achieved its largest single-day net inflow since January 14 (attracting US$843.6 million that day). Since its listing in January 2024, the cumulative net inflow has reached US$55.44 billion. The strong buying momentum reversed the outflow trend of the previous two days: there was a net outflow of $236 million on September 1, and IBIT alone recorded approximately $201 million in redemptions.
As of Thursday's close, the total net asset value of the Bitcoin ETF reached US$103.34 billion, equivalent to 6.32% of the total market value of Bitcoin. This figure is more than three times the amount of any single-day inflow during a period of positive inflows for 11 consecutive trading days in late August.
Analysis of performance of major funds
In trading on September 3, BlackRock's IBIT absorbed US$454 million, accounting for more than 60% of total inflows. This latest configuration brings its cumulative net inflow to US$63.94 billion.
This was followed by ARK Invest's joint launch with 21Shares ARKB, which received $138 million in inflows; Fidelity's FBTC received approximately $74 million in inflows. Grayscale's two Bitcoin products together attracted $57 million in funding.
It is worth noting that VanEck's HODL and WisdomTree's BTCW were the only products to record capital outflows. Among them, HODL lost nearly US$20 million and BTCW flowed out about US$5 million.
Market background and institutional trends
This capital inflow is accompanied by a strong rebound in Bitcoin prices. During Thursday's trading session, U.S. -listed Bitcoin ETF funds rose between 5.7% and 5.9%.
BlackRock's IBIT continues to dominate U.S. spot bitcoin ETF demand. Previous reports showed that during the five days from August 3 to August 7, these funds attracted a total of US$853.5 million, of which BlackRock contributed approximately US$693 million, accounting for 81%. In late August, as Bitcoin rose from approximately US$63,500 to more than US$80,000, spot buying supported price movements, while futures positions fell. QCP Capital pointed out that during this period, spot bitcoin ETFs attracted US$2.8 billion in eight consecutive trading days, while open futures contracts fell from 646,000 bitcoins to 588,000, indicating that the price increase was mainly driven by Spot rather than increased leveraged positions.
Institutional filings also showed large positions in IBIT. Jane Street disclosed in its quarterly report ending June 30 that it holds more than US$1 billion in U.S. spot Bitcoin ETF shares, of which approximately US$828 million is IBIT shares.
Capital flows show high volatility
Despite the recent large capital inflows, the capital flow of the US spot Bitcoin ETF has not formed a continuous one-way trend, but has shown significant volatility.
For example, on August 28, U.S. products recorded a net outflow of US$201.9 million, ending nine consecutive days of net inflows. Among them, ARKB of ARK21 Shares led the decline, with an outflow of US$114.9 million, and IBIT outflow of US$33.4 million. Despite this, funds attracted a total of $924.5 million for the week of August 24 - 28.
Entering early September, the flow of funds reversed again. Investors withdrew $236 million on September 1, of which IBIT accounted for approximately $201 million. Subsequently, on September 2, funds returned to net purchases, absorbing approximately US$101 million that day. IBIT received approximately US$115 million, offsetting outflows from some other products. As a result, IBIT received $454 million on September 3, following a $201 million redemption two days earlier, highlighting the fund's two-way role in the biggest one-day swing in early September.
The recent sharp fluctuations mark the recovery of market demand from continued redemptions at the beginning of the year. Products suffered redemptions totaling $527 million for four consecutive weeks before July. On July 2, an inflow of $221.7 million ended a 10-day daily redemption trend, and BlackRock resumed large-scale allocation. As of July 30, another US$233.1 million had entered the product, of which BlackRock monopolized US$183.4 million, accounting for 78.7%.
Today, Thursday's US$730.9 million allocation has exceeded all of the single-day totals mentioned above, and the combined net asset value of the U.S. spot Bitcoin ETF market has also exceeded the US$103 billion mark.
