Wall Street Unleashes $90M Flood on Altcoins as XRP, SOL, HYPE Soar
Wall Street investors poured nearly $90 million into altcoins last week as XRP, SOL, and HYPE rallied higher.
The US-listed crypto exchange-traded funds (ETFs) outside of Bitcoin and Ethereum drew in a total of $89.96 million, with XRP products leading the group at $39.78 million in net inflows.
This is their strongest showing since May 15, when they attracted about $60.5 million, according to data from CryptoRank and SoSoValue.
Solana funds followed closely behind, adding $28.34 million in the week ended August 21.