Key Highlights
- U.S. spot Bitcoin ETFs recorded $101.15 million in net inflows on September 2, led by BlackRock’s IBIT with $115.45 million.
- U.S. spot Ether ETFs saw $48.08 million in net outflows, ending a 12-session streak of positive flows.
- Solana and XRP ETFs also recorded outflows, showing a sharp shift in crypto ETF flows after Bitcoin lost $236.5 million the previous day.
U.S. spot Bitcoin ETFs returned to positive territory on September 2, recording $101.15 million in net inflows after losing $236.5 million a day earlier.
According to data from SosoValue, BlackRock’s IBIT led the recovery, while Ether, Solana and XRP ETFs all recorded outflows during the same session.
Meanwhile, the inflow for Bitcoin adds to the positive sentiment around the assets as it surged over 5% today, breaking back above $80k after dropping the level in August. According to data from CoinMarketCap as of September 3 (5:23 PM UTC), the asset now trades for $81,030, following a climb from below $77k.
BlackRock leads the Bitcoin recovery
The Bitcoin inflows came as investors returned to the funds after a sharp withdrawal on September 1. The previous day’s $236.5 million outflow was the largest one-day loss for the group since late July. The new $101.15 million inflow recovered about 43% of that amount.
BlackRock’s IBIT was the biggest winner on September 2, bringing in $115.45 million by itself. Grayscale’s Bitcoin Mini Trust added $30.42 million, while Morgan Stanley’s MSBT received $7.3 million. Bitwise’s BITB also recorded $4.19 million in net inflows.
However, not every Bitcoin fund saw money coming in. Grayscale’s GBTC recorded $56.21 million in outflows, reducing the total amount of money flowing into the wider Bitcoin ETF market. Several major funds, including Fidelity’s FBTC, recorded zero net flows.
This inflow pushed total net inflows into U.S. spot Bitcoin ETFs to about $54.78 billion since the funds began trading in January 2024.
August was also a strong month for the products, with about $3.52 billion entering Bitcoin ETFs in the month alone. That was their best monthly result of 2026 and worked out to roughly $160 million per trading day.
In short, September has started very differently by losing $236.5 million on September 1 before gaining $101.15 million the next day. Even after the rebound, Bitcoin ETFs remained about $135.4 million in net outflows for September so far.
Ether ETFs end their winning streak
Meanwhile, Ether ETFs had a very different day. According to SoSoValue, U.S. spot Ether ETFs recorded about $48.08 million in net outflows, ending a 12-session run of positive daily flows.
BlackRock’s staking-focused ETHB attracted about $52.91 million, but this was not enough to cover losses from other funds. BlackRock’s ETHA recorded about $53.4 million in outflows, while Fidelity’s FETH lost $26.2 million. Grayscale’s ETHE also saw about $23.5 million leave the fund.
The withdrawals reduced cumulative net inflows into U.S. Ether ETFs to roughly $13.02 billion. Farside reported a slightly larger net outflow of $49.7 million because its tracked products differ from SoSoValue’s coverage.
Solana and XRP ETFs see withdrawals
Solana ETFs also ended the day with $6.1 million in net outflows. Bitwise’s BSOL accounted for all of the withdrawals, while Fidelity’s FSOL, VanEck’s VSOL, Franklin Templeton’s SOEZ and Grayscale’s GSOL recorded no net movement.
XRP ETFs posted about $7.2 million in outflows, ending an 11-session inflow streak. The withdrawal came from Bitwise’s XRP ETF, while other tracked XRP funds recorded no movement. Before the latest loss, XRP ETFs had gained about $170 million during their previous 11 sessions.
Hyperliquid ETFs were unchanged, with Bitwise’s BHYP, 21Shares’ THYP and Grayscale’s HYPG recording zero flows.
Also Read: Arthur Hayes Predicts Ethereum Will Hit $10,000 by Year-End
