Digital asset markets are observing a notable divergence in spot ETF performance, with XRP-backed funds recording inflows while Bitcoin and Ethereum products experienced significant outflows. This trend emerged on September 8, marking a shift in investor sentiment across various digital asset vehicles. reported on the broader market activity, stating, "MARKETS: $XRP ETFs pulled in nearly $2M Tuesday while $BTC, $ETH, $SOL, and $HYPE funds all saw outflows." This sentiment was echoed by, which detailed specific figures for the same period. noted, "XRP spot ETFs saw net inflows on Sept. 8, while BTC, ETH and SOL spot ETFs saw net outflows." The report specified that Bitcoin spot ETFs saw -$46.65M in outflows, Ethereum ETFs -$24.29M, and Solana ETFs -$667.72K, while XRP ETFs registered $1.55M in net inflows.
Further analysis provided additional context on the outflows, confirming that "U.S. spot Bitcoin ETFs saw total net outflows of $46.6464 million on September 8 ET, marking the first net outflow after three consecutive days of net inflows." also highlighted the outflows from Ethereum products, stating, "U.S. spot Ethereum ETFs saw total net outflows of $24.2921 million, while Fidelity’s FETH led with net inflows of $9.8924 million." The data collectively indicates a challenging day for major cryptocurrency spot ETFs, with XRP funds serving as a notable exception to the prevailing market trend.
