Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M

Crypto Insight Summary: U.S. crypto ETFs reopened after the Labor Day break with broad selling pressure, as bitcoin, ether, solana, and HYPE funds all posted net outflows. XRP ETFs were the only major category to finish Tuesday in positive territory, drawing $1.55 million. Crypto ETFs Open Short Week With Multiple Selloffs The first session after the Labor Day […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish SOL / Neutral XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF outflows signal short-term bearish sentiment but XRP inflows provide minor counterbalance.