U.S. Bitcoin exchange‑traded funds (ETFs) attracted $731 million of new money on Thursday, the biggest daily inflow since January, pushing the combined net asset value of the products past $103 billion for the first time, according to data compiled by CoinDesk.
Record inflows and BlackRock dominance
BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the bulk of the capital, with more than $206 million flowing into the fund, well over half of the total according to multiple outlets. The surge lifted every Bitcoin‑linked ETF in the U.S. complex by roughly 6 % in a single session.
"$731 million in inflows, the highest since January, pushes total assets beyond $103 billion," the data shows.
Macro backdrop and investor sentiment
The influx came after Fed Governor Christopher Waller delivered a dovish commentary, a development The Block linked to the heightened appetite for Bitcoin products as investors seek a hedge against lingering macro‑economic uncertainty. ETF Trends highlighted a “barbell” strategy, with capital moving into both safe‑haven assets such as gold and risk‑on vehicles like Bitcoin ETFs.
Broader crypto ETF landscape
While Bitcoin funds saw robust inflows, other crypto‑related ETFs slipped. Altcoin Buzz reported that Solana, XRP and Ethereum ETFs turned red, even as Bitcoin‑linked products added roughly $101 million. Decrypt noted a reversal in Bitcoin ETF performance as Ethereum and XRP funds ended a winning streak.
Institutional buying intensifies
BlackRock’s client base contributed a single $454 million purchase of Bitcoin, a deal cited by Crypto Briefing and Pluang as driving weekly institutional purchases to $1.33 billion. Abu Dhabi‑based investors are projected to accumulate $1 billion in the IBIT by the end of 2025, according to CoinMarketCap.
Bitcoin’s price mirrored the inflow momentum, climbing back above the $80,000 threshold after briefly dipping to $77,000. Cointelegraph and TradingView both noted the recovery, though CryptoQuant warned that fresh demand remained muted and that a decisive test at $83,000 was still pending.
Analysts caution that the next directional move could hinge on upcoming U.S. non‑farm payroll data, as highlighted by FXStreet, which may either reinforce the bullish tilt or trigger a corrective pullback.
Overall, the record‑sized inflow underscores a growing willingness among institutional investors to allocate capital to Bitcoin through regulated vehicles, even as broader market sentiment remains cautious amid macro‑economic headwinds.
Market Snapshot
| Asset | Price | 24h | Market Cap |
|---|---|---|---|
| $81,139 | +4.16% | $1630.2B | |
| $2,536 | +5.36% | $309.8B | |
| $719.52 | +2.35% | $95.9B | |
| $1.46 | +6.37% | $91.5B | |
| $104.47 | +3.85% | $61.2B | |
| $0.0881 | +5.85% | $13.7B | |
| $0.224 | +7.63% | $8.4B |
Live data: CoinGecko — 2026-09-04 09:22 UTC