Bitcoin ETFs Surge as XRP, Ether, and Solana See Losses

The crypto market saw a mixed trading week for Bitcoin ETFs, with two days of inflow and one day of outflow. On September 2nd, U.S. bitcoin ETFs attracted $101.15 million in fresh capital, after slipping into redemptions the previous day.

Blackrock's IBIT drove the rebound with a $115.45 million inflow, while Grayscale's Bitcoin Mini Trust added $30.42 million. Morgan Stanley's MSBT brought in $7.30 million, and Bitwise's BITB added $4.19 million.

In contrast, Grayscale's GBTC moved the other way, losing $56.21 million, but the group still finished comfortably in positive territory. Daily trading value reached $1.73 billion, while net assets closed at $97.22 billion.