$90 Million Pours into Altcoins as XRP and SOL Surge

US-listed crypto exchange-traded funds (ETFs) that track altcoins have seen significant investment in recent weeks. Last week, nearly $90 million flowed into these funds, with XRP products leading the charge at $39.78 million in net inflows.

This is their strongest showing since May 15, when they attracted about $60.5 million. Solana funds followed closely behind with $28.34 million in net inflows, while Chainlink and Hyperliquid products added $13.35 million and $3.89 million, respectively.

The rally has been broadening, with XRP's price climbing roughly 50% from below $1 to as high as $1.60 before retreating to $1.49. Solana also jumped about 24% and briefly traded above $100 for the first time since February.