Bitcoin spot ETFs recorded net outflows of $462.73 million last week as institutions rotated capital into Ethereum, Solana, and XRP.

Ethereum spot ETFs pulled in $197.11 million in net inflows. BlackRock's ETHA attracted $148.8 million, with ETHB adding another $18.3 million. Solana spot ETFs brought in $10.3 million, driven by Bitwise's BSOL as traders moved into Layer 1 exposure. XRP spot ETFs secured $18.98 million in inflows, signaling renewed institutional interest after zero flows reported in the prior week.

Daily swings within the week showed sharp directional changes. On Sept. 1, Bitcoin spot ETFs bled $236.46 million in outflows while Ethereum, Solana, and XRP all saw inflows—ETH $10.95 million, SOL $10.19 million, XRP $14.38 million. The next day flipped: Bitcoin ETFs posted $101.15 million in inflows as Ethereum, Solana, and XRP reversed into negative territory—ETH -$48.08 million, SOL -$6.13 million, XRP -$7.2 million.

Hyperliquid [HYPE] ETFs recorded $26.42 million in net outflows, showing institutions are being selective even within altcoin products.

Bitcoin trades at $77,619, up 0.6 percent over 24 hours. Ethereum sits at $2,513, down 0.2 percent. The Fear & Greed Index stands at 57—greed territory.

The pattern is clear: institutions are rebalancing out of Bitcoin after its recent run and redeploying into assets showing fresh momentum. This is not capitulation—it is portfolio optimization.