Every single fund within the suite climbed nearly 6% on Thursday, pushing total net assets past $103 billion for the very first time. BlackRock’s IBIT was responsible for well over half of that capital inflow.
Privacy tokens surge as bitcoin tops $80,000
Bitcoin’s decisive push past the $80,000 threshold has reawakened enthusiasm across the broader market, propelling privacy coins toward notable gains.
Over the last 24 hours, dash (DASH) has climbed 17% to reach $50. This sharp upward movement positions it as the top-performing asset among the top 100 cryptocurrencies by market capitalization. Zcash (ZEC) stands as the second-greatest gainer, advancing 16.5%.
Additional notable gainers include LIT, ENA, and UNI. Meanwhile, bitcoin itself has appreciated by 3.7%.
Wall Street’s fear gauge slips to lowest since January
The VIX index, commonly known as Wall Street’s fear gauge, has declined to roughly 14, marking its lowest reading since January according to market data provider TradingView.
The VIX measures the 30-day options-implied, or anticipated, volatility of the S&P 500 spanning a four-week window. An elevated VIX indicates that investors are heavily purchasing options, which serves as an indicator of prevailing market fear.
This recent drop points to minimal anxiety among market participants, occurring even as climbing bond yields highlight worsening fiscal conditions in the United States and globally.
The August jobs report is due Friday morning
The U.S. Bureau of Labor Statistics is scheduled to release the nonfarm payrolls figures for August on Friday at 8:30 AM Eastern Time.
Analyst consensus projections indicate the economy likely created 65,000 positions last month, recovering from an unexpected contraction of 23,000 jobs in July. Conversely, the unemployment rate is anticipated to tick up from 4.1% to 4.2%.
Such economic data could shape expectations regarding Federal Reserve rate adjustments and impact valuations for both the U.S. dollar and bitcoin.
Bitcoin ETFs pull $731 million in their largest single day since January
U.S. spot bitcoin exchange-traded funds brought in approximately $731 million on Thursday, representing their strongest daily collection since January based on metrics from SoSoValue. That single-day performance exceeds three times the volume of any individual day during an 11-day positive streak observed late in August.
BlackRock’s IBIT attracted roughly $454 million of that total, while Ark and 21Shares’ ARKB secured $138 million alongside Fidelity’s FBTC at $74 million. Grayscale’s two offerings contributed a combined $57 million. Conversely, VanEck’s HODL and WisdomTree’s BTCW were the sole products to experience outflows, shedding $20 million and $5 million respectively.
All individual funds recorded gains ranging from 5.7% to 5.9% throughout the session, bringing aggregate net assets to a close at $103.34 billion, which presently equates to slightly more than 6% of bitcoin’s overall market capitalization. Total net inflows accumulated since the January 2024 launches have now reached $55.44 billion.
This performance fully offsets Tuesday’s $236 million net withdrawal, a session where IBIT alone represented $201 million of those redemptions. The identical fund has now generated both the highest outflow and the highest inflow witnessed over the past week.
Friday’s trading figures will provide the true test for this momentum. A second consecutive session exceeding $500 million would represent the initial prolonged institutional accumulation phase seen since the summer season.
Originally published at https://www.coindesk.com/business/2026/09/04/live-updates-bitcoin-etfs-take-usd731-million-their-biggest-day-since-january.
