Bitcoin ETFs See Outflows While XRP Funds Keep Winning

Bitcoin exchange traded funds just saw a massive wave of exits, losing $282.6 million on September 10 alone. This marks three straight days of withdrawals for Bitcoin products, pushing total assets back under $98 billion. Other major coins felt the pressure too, with Ethereum and Solana funds also closing the day in the red.

Meanwhile, XRP funds took the opposite path. These products managed to pull in fresh money for the third consecutive day, adding to a remarkable streak of twenty sessions that features only one single day of outflows. This steady accumulation happened even as the token price dipped slightly to trade near $1.36.

Smaller altcoin funds also mixed things up during the session. Chainlink and Polkadot products managed to attract small inflows, showing that some traders are still hunting for alternative bets while Bitcoin struggles with erratic momentum.

Traders will now watch to see if Bitcoin buyers step back in near current support levels or if the selling pressure continues. At the same time, the market will monitor whether XRP funds can keep their steady winning streak alive.