Crypto fund inflows reach $3.2 billion as altcoin demand outpaces Bitcoin

  • Crypto funds recorded $3.2 billion in weekly inflows as institutional demand broadened beyond Bitcoin and Ethereum.
  • Solana and XRP funds received $154 million and $110 million, while a later rally lifted crypto market capitalization to $2.7 trillion.
  • U.S. spot Bitcoin ETFs recorded $101 million in inflows on September 2, contrasting with $48.08 million of spot Ether ETF outflows.

Crypto funds recorded $3.2 billion in inflows in the week reported in August 2026, their strongest weekly result since October 2025, despite geopolitical tensions, higher oil prices and pressure on risk assets. BlackRock’s IBIT attracted $928 million in the latest week after receiving $1.3 billion the previous week, while Ethereum ETFs extended a 10-session inflow streak. Wintermute said institutional capital was broadening beyond Bitcoin and Ethereum into selected altcoins, with Solana and XRP funds receiving $154 million and $110 million, respectively, and expected inflows into Solana- and XRP-focused ETFs to reach record levels in 2026. In a subsequent market update, total crypto capitalization rose 0.9% to $2.7 trillion as Bitcoin gained 2%, while Zcash, XRP, BNB and Solana posted stronger advances. U.S. spot Bitcoin ETFs recorded $101 million in net inflows on September 2, led by IBIT, whereas spot Ether ETFs had $48.08 million in net outflows. Softer labor data supported rate-cut expectations ahead of Friday’s official jobs report, which could influence whether altcoin rotation continues or Bitcoin resumes market leadership.

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