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Bitcoin ETF Influx Exceeds $100M Amid Cooling Altcoin Demand

Guavy AI Editorial Team
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BTC XRP
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Bitcoin ETFs saw significant inflows on September 2, attracting $101.15 million in net investments. The influx was led by Blackrock's IBIT, which brought in $115.45 million.

Ether and XRP ETFs, however, did not fare as well, experiencing a 12-day streak of outflows with $48.08 million being pulled out of Ether ETFs.

The shift in investor interest highlights renewed institutional demand for Bitcoin amid a cooling trend in altcoin ETF investments.

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