Altcoin ETFs Draw Nearly $90 Million as XRP Surges 50% in a Week

US-listed crypto exchange-traded funds (ETFs) outside of Bitcoin and Ethereum drew nearly $90 million last week, according to a report. The inflows were led by XRP products, which saw a strong showing with $39.78 million in net inflows, their strongest since May 15 when they attracted about $60.5 million.

Solana funds followed closely behind with $28.34 million in inflows, while Chainlink and Hyperliquid products added $13.35 million and $3.89 million respectively. The rally also saw a record-breaking week for XRP trading volume, which reached $271.74 million.

The report notes that the demand for these smaller ETFs is extending beyond Bitcoin and Ethereum, with cumulative net inflows now standing at around $1.55 billion for XRP products and $1.19 billion for Solana funds.

Hyperliquid funds also saw a boost from President Donald Trump's recent meeting with crypto executives, where he highlighted efforts to establish a legal route for Hyperliquid to operate in the US.