Altcoins Surge: US Crypto Funds Beyond Bitcoin and Ethereum See Inflows
US crypto funds beyond Bitcoin and Ethereum saw significant inflows last week, totaling nearly $90 million. XRP funds led the group, pulling in $39.78 million, their best week since mid-May. This marked the sixth consecutive positive week for these funds, adding up to about $72 million over that stretch.
Solana funds followed closely behind, with $28.34 million in new inflows, marking an eighth straight week of gains. Total inflows into Solana products now stand near $1.19 billion. The price of XRP jumped about 50% during the week, reaching as high as $1.60 before slipping back to around $1.49.
Hyperliquid and Chainlink funds also saw significant growth, with Hyperliquid adding $3.89 million in a third straight week of gains. Chainlink funds saw their strongest week since launch, taking in $13.35 million. The token's price rose 22% during the week and touched $12 for the first time since January.