XRP Drives $90M Altcoin Fund Inflows as Institutional Interest Expands
Altcoin-focused investment funds saw significant inflows last week, with XRP leading the charge. About $90 million in investments flowed into these funds, signaling a potential broadening of institutional interest beyond Bitcoin and Ethereum.
Wealth coach Kamilah Stevenson highlighted that this trend might indicate investors are starting to view crypto as a diverse asset class rather than a Bitcoin-centric trade.
However, she cautioned that for this to be a lasting shift, inflows must persist across various market conditions and multiple assets.