Solana, XRP and Ethereum ETFs Post Outflows as Bitcoin ETF Gains $100 Million
Key Takeaways
- •Bitcoin spot ETFs recorded daily net inflows of $101.15 million on September 2, bringing total net assets to $97.22 billion and cumulative net inflows to roughly $54.73 billion.
- •Ethereum ETFs saw $48.08 million in daily outflows but remain positive over 30 days at $1.83 billion, with total inflows around $13.03 billion.
- •XRP ETFs experienced the largest altcoin withdrawal at $57.20 million, while Solana ETFs saw $6.13 million in outflows; both maintain positive 30-day and cumulative flows.
- •Solana and XRP spot ETFs began trading in the U.S. in 2025, giving them a much shorter track record than Bitcoin and Ethereum products.
- •XRP is trading at $1.36 and testing its 200-day moving average at $1.35, with a break risking a further drop toward its 20-day EMA at $1.29.
Solana, XRP and Ethereum ETFs Post Outflows as Bitcoin ETF Gains $100 Million
On September 2, U.S. investor demand for cryptocurrency ETFs was sharply divided: Bitcoin products attracted fresh capital, while Ethereum, XRP and Solana funds all recorded daily net outflows.
Bitcoin spot ETFs draw fresh inflows
The latest ETF data shows that Bitcoin spot ETFs posted net inflows of $101.15 million during the session. As a result, their total net assets rose to $97.22 billion, while cumulative net inflows reached approximately $54.73 billion. Daily trading volume for Bitcoin ETFs came in at roughly $1.73 billion, significantly higher than any other category of cryptocurrency ETF.
U.S. spot Bitcoin ETFs, first approved by the SEC in January 2024, remain the largest and most liquid vehicle of their kind, which helps explain why trading volume in these products continues to dwarf that of the newer altcoin funds.
The picture for the major altcoins was considerably weaker. Ethereum ETFs recorded daily net outflows of $48.08 million, despite maintaining positive 30-day flows of $1.83 billion. Their total inflows remain around $13.03 billion, indicating that the latest withdrawal is small relative to the capital accumulated since these products launched in mid-2024.
Altcoin withdrawals accelerate
XRP faced an even larger withdrawal. The five XRP ETF products together recorded outflows of $57.20 million. Even so, cumulative net inflows stand at approximately $1.68 billion, and XRP's 30-day figure remains positive at $165.22 million.
Solana saw a daily outflow of $6.13 million. Its longer-term figures remain positive: SOL ETFs have attracted $197.60 million over the past 30 days and roughly $1.34 billion in total.
Solana and XRP spot ETFs are the newest entrants among the group, having begun trading in the U.S. in 2025, so their cumulative figures reflect a much shorter track record than those of the Bitcoin and Ethereum products.
The divergence suggests that, rather than abandoning cryptocurrency ETF exposure altogether, investors are currently treating Bitcoin as the safer option during a period of uncertainty. Part of this hesitancy is also visible in price action.
After its strong August rally toward $1.70, XRP is now trading at $1.36, testing the 200-day moving average at $1.35. Holding this level is considered crucial if XRP is to avoid a continued correction toward its 20-day EMA at $1.29.
Overall, the ETF data presents a mixed picture. While altcoin products are experiencing short-term redemptions, their 30-day flows remain positive. Bitcoin, by contrast, has regained the strongest immediate institutional demand, adding more than $100 million even as its largest rivals moved in the opposite direction. For observers tracking the maturing crypto ETF market, the pattern of daily flows across these four asset classes has become a widely followed gauge of shifting institutional risk appetite.
