US spot Bitcoin ETFs pulled in $101.15 million in net inflows on September 2, snapping back from a rough previous session that saw $236.5 million walk out the door. That prior-day exodus was the largest single-day outflow since late July, making the quick reversal all the more notable.

Meanwhile, spot ETFs tracking Ethereum, Solana, and XRP all posted net outflows on the same day. The divergence paints a picture of institutional capital gravitating back toward Bitcoin specifically, not digital assets broadly.

Where the money went

BlackRock’s IBIT was the dominant force, attracting $115.45 million on its own. That single fund accounted for more than the entire day’s net total, which tells you something about how the rest of the field performed.

Grayscale’s Bitcoin Mini Trust added $30.42 million, while Morgan Stanley’s MSBT contributed $7.3 million. Bitwise’s BITB rounded out the positive contributors with a modest $4.19 million.