Blackrock IBIT Leads $236M Bitcoin ETF Exit as XRP Funds Gain
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reported that Bitcoin ETFs faced heavy outflows on 2 September 2026, driven primarily by Blackrock’s IBIT which recorded a $201.18 million withdrawal. Fidelity’s FBTC followed with $43.67 million in withdrawals, bringing the total exit to $236 million. Bitwise’s BITB managed to attract $8.38 million, but this was insufficient to offset the broader selling pressure.
Total Bitcoin ETF trading value reached $2.69 billion, while net assets slipped to $97.12 billion. Ether ETFs added $10.95 million, extending their inflow run to a 12th session, led by Blackrock’s ETHB with $11.20 million. Fidelity’s FETH added $4.81 million, and Morgan Stanley’s MSSE took in $2.34 million, while Grayscale’s ETHE saw a $7.40 million outflow.
XRP ETFs brought in $14.38 million with no reported outflows, led by Franklin’s XRPZ at $6.63 million. Solana ETFs drew $10.19 million, with Bitwise’s BSOL accounting for $6.17 million. HYPE ETFs finished positive with Grayscale’s HYPG receiving the entire $1.76 million inflow.
Jay Dilks noted that investors who bought IBIT at launch have outperformed the S&P 500 ETF VOO by about 29%. Bloomberg ETF analyst Eric Balchunas highlighted IBIT’s relative strength since inception but pointed to the sharper volatility accompanying those returns.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 2 September 2026. Not the outlet's figures.
Bitcoin is trading at $77,439.00 with a 1-hour buy ratio of 48.5% and a 4-hour buy ratio of 50.7%, compared to a 24-hour buy ratio of 50.4%. The 1-hour volume delta is negative at -$2,774,552, while the 4-hour delta is positive at +$2,939,204 and the 24-hour delta is +$10,575,840. The buy ratio measures the proportion of buy volume relative to total volume, indicating whether buyers or sellers are dominant in a given period. The volume delta represents the net difference between buy and sell volume, showing the net flow of capital. Short-term selling pressure is evident in the 1-hour data, but the 4-hour and 24-hour figures suggest that buying pressure has been building over the longer term.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.3%, making today’s 24-hour ratio of 50.4% slightly higher by 1.1 points. Trading volume was 0.91x the weekly average, indicating lighter activity than usual. There were 3 days of net buying out of 7, with a total volume delta of -$107,307,292 over the period. This is an ordinary day for the coin, as the buy ratio is close to the weekly average, though volume is slightly below the norm. The price change over 8 days is -1.4%, reflecting a modest decline despite the recent inflows.