XRP Extends Dominance as Altcoin ETF Inflows Continue
XRP has continued its impressive streak as the altcoin with the longest active ETF inflow. In July, XRP drew nearly twice as much as Solana, attracting $27.29 million compared to Solana's $14.62 million. This four-month inflow streak has added over $300 million and lifted cumulative inflows to roughly $1.5 billion.
Chainlink followed with $4.54 million in inflows, while Hedera products added $3 million. Bitcoin and Ethereum remained the dominant crypto fund categories, attracting $172 million and $365 million respectively, but XRP finished July comfortably ahead among altcoin funds.
The concentration of demand for XRP has led to a widening gap between it and other altcoins. Several smaller altcoin ETFs drew little or no fresh capital in July, exposing the growing demand gap. However, Solana and Hyperliquid are gaining ground, with their funds accumulating significant amounts since launch.