XRP ETFs Shine as Bitcoin and Ethereum Face Investor Outflows

Wall Street sentiment shifted on September 8 as investors pulled money from several major spot crypto products. Bitcoin funds led the losses with 46.65 million dollars in outflows, followed by Ethereum products at 24.29 million dollars. Solana and Hyperliquid funds also recorded negative flows during this period.

XRP funds provided a rare bright spot by securing 1.55 million dollars in inflows. This momentum helped XRP sustain a price gain of approximately 4 percent over a 24 hour window. Hedera products also managed to stay in the green, recording 431,180 dollars in fresh capital as the rest of the market faced cooling interest.

This marks the first time since early July that Bitcoin, Ethereum, and Solana funds have all faced daily losses together. Despite the recent dip, Bitcoin and Ethereum funds maintain a positive balance for the month of September. Traders will now look to see if XRP can continue to draw institutional interest while larger assets attempt to regain their footing.