XRP and Solana ETFs Thrive Amidst $4B Bitcoin and Ethereum Outflows
XRP and Solana ETFs Thrive Amidst $4B Bitcoin and Ethereum Outflows
A significant divergence is emerging in the crypto ETF market. While new exchange-traded funds tracking Solana (SOL) and XRP are attracting substantial capital, established Bitcoin (BTC) and Ethereum (ETH) funds are experiencing severe outflows, totaling over $4 billion. Data indicates that altcoin ETFs have collectively garnered more than $500 million, highlighting a shift in investor interest.
A sharp divergence emerged in the crypto ETF market this month. According to SoSo Value data, the new products tracking Solana and XRP are attracting significant capital, contrasting with a severe wave of outflows from established Bitcoin and Ethereum funds. The data shows that the newly launched altcoin ETFs have registered more than $500 million.