Bitcoin spot ETFs post $120.24 million net outflow as XRP and Ether ETFs take in capital

AI Market Summary
Bitcoin spot ETFs recorded net outflows of USD 120.24m on Sept. 11, snapping a multi-day inflow streak, while ETFs linked to XRP and Ether saw net inflows. The flow divergence suggests a short-term rotation of institutional allocation away from BTC toward other large-cap crypto exposures, reflecting softer near-term risk appetite for Bitcoin and comparatively improving demand for ETH/XRP-linked beta.
Impact level
● Medium
Affected assets
BTC/USDT+1.79%
AI Insight · BTC/USDTAI Insight
● Neutral
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Bitcoin spot ETFs saw a net outflow of $120.24 million on September 11, ending a run of inflows over the prior days. Over the same period, ETFs tracking XRP and Ether recorded net inflows, indicating capital rotation from Bitcoin into other major crypto assets. The data points to a short-term drop in investors’ risk appetite for Bitcoin and increased allocation demand tied to the XRP and Ether ecosystems.