Bitcoin ETFs Post $120.24 Million Outflows on September 8 as Ethereum, Solana and XRP Funds Draw Inflows
Key Takeaways
- •Spot Bitcoin ETFs recorded $120.24 million in net outflows on September 8, per flow data published by CoinoMedia on September 10.
- •Ethereum spot ETFs led the altcoin inflows with $34.75 million, while Solana and XRP spot ETFs attracted $11.73 million and $12.29 million respectively.
- •Combined inflows into the Ethereum, Solana and XRP products totaled $58.77 million, partially offsetting the Bitcoin outflow.
- •Across the four reported categories, the session's flows resulted in a net outflow of $61.47 million.
- •The flow pattern suggests institutional capital rotated from Bitcoin into altcoin ETFs rather than exiting the crypto market entirely.
Spot Bitcoin exchange-traded funds recorded $120.24 million in net outflows on September 8, while ETFs tracking Ethereum, Solana and XRP all posted net inflows, according to flow data published by CoinoMedia on September 10.
Ethereum spot ETFs attracted $34.75 million in net inflows, Solana spot ETFs took in $11.73 million, and XRP spot ETFs added $12.29 million during the same session.
The latest September 8 flows showed a divergence in institutional positioning. The Bitcoin withdrawals suggest some investors reduced their exposure to Bitcoin ETFs during the session, even as demand for several altcoin investment products strengthened. ETF flow data remains one of the most closely watched indicators of institutional activity in the cryptocurrency market. The session's figures pointed to a rotation of capital rather than a broad retreat from crypto investment products. Combined inflows into the Ethereum, Solana and XRP products totaled $58.77 million, partially offsetting the Bitcoin outflow; across the four reported categories, the flows amounted to a net outflow of $61.47 million.
Ethereum, Solana and XRP Attract Fresh Capital
While Bitcoin experienced outflows, spot Ethereum ETFs drew $34.75 million in net inflows. Spot Solana ETFs recorded $11.73 million in fresh investments, and spot XRP ETFs added $12.29 million.
The positive flows across the three asset classes point to continued institutional interest beyond Bitcoin, with capital being allocated across a broader range of digital assets. The split performance highlights changing preferences within the crypto ETF market.
Cointelegraph flagged the divergence in a post on X on September 10:
ETF FLOWS: ETH, SOL and XRP spot ETFs saw net inflows on Sept. 8, while BTC spot ETFs saw net outflows. BTC: -$120.24M ETH: $34.75M SOL: $11.73M XRP: $12.29M pic.twitter.com/z2bdrW7S1M
— Cointelegraph (@Cointelegraph) September 10, 2026
Institutional Positioning Remains Mixed
The September 8 flows underscore the ongoing rotation of institutional capital across digital asset investment products. While Bitcoin funds faced selling pressure, inflows into Ethereum, Solana and XRP ETFs suggest investors remain engaged with the broader crypto market. Market participants will continue to monitor ETF activity for clues about institutional sentiment and future capital flows.
Source: CoinoMedia
