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Bitcoin ETFs see $47M outflows while XRP funds gain $1.55M amid cautious crypto market after Labor Day.

Market News
09 Sep 2026
Bitcoin
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Bearish
Bitcoin ETFs see $47M outflows while XRP funds gain $1.55M amid cautious crypto market after Labor Day.

After the Labor Day break, U.S. crypto ETFs experienced broad selling pressure with Bitcoin ETFs facing $46.65 million in net outflows, led by significant redemptions from Grayscale's GBTC. Ether ETFs also saw $24.29 million in outflows, while XRP ETFs were the only category with inflows, gaining $1.55 million. This shift indicates a reduced appetite for crypto risk following last week's strong institutional demand. Investors will be watching closely to see if inflows return later in the week, as Bitcoin remains the main barometer for institutional interest.

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