JPMorgan report: Bitcoin ETP inflows highly concentrated despite weekly net outflows of $1.126 billion

A JPMorgan report released on September 8 indicates that US spot Bitcoin ETPs saw $175 million in net outflows on September 4, while Ethereum ETPs recorded $9 million in inflows and Solana ETPs saw $5 million in outflows. Total weekly net outflows for the three categories reached $1.126 billion. Inflows remain heavily concentrated in BlackRock (IBIT) and Fidelity (FBTC), while other products saw no new capital.