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Alt Spot ETF, Solana has had net inflows for 4 consecutive trading days... LINK has also performed strongly for two consecutive days
In the U.S. altcoin spot ETF market, capital inflows centered on Solana and Chainlink continue to persist. In contrast, the net inflow momentum for XRP and Dogecoin ETFs has stopped, showing a wait-and-see stance.
According to SoSo Value’s statistics, as of May 7 (local time), the U.S. XRP spot ETF market recorded a flat performance with no capital inflow. The net inflow trend that had continued for 3 consecutive trading days starting from the 4th has come to an end.
Total net inflow of $13.2 billion | Trading volume of $9.72 million | Total net assets of $10.8 billion (accounting for 1.26% of market value)
The Solana (SOL) spot ETF market recorded a net inflow of $6.67 million, continuing its four-day streak of capital inflows.
Among the 8 ETFs, only ▲Bitwise BSOL ($5.36 million) and ▲Fidelity FSOL ($1.31 million) saw capital inflows, while the other products remained flat.
Total net inflow of $10.5 billion | Trading volume of $34.22 million | Total net assets of $937.82 million (accounting for 1.82% of market value)
Solana spot ETF daily capital flow chart / SoSo Value
The Dogecoin (DOGE) spot ETF market remained flat. The previous two-day net inflow streak on May 5 and May 6 has ended.
Total net inflow of $10.25 million | Trading volume of $323,340 | Total net assets of $13.65 million (accounting for 0.08% of market value)
The Chainlink (LINK) spot ETF market recorded a net inflow of $878,050. Following the previous trading day, this is the second consecutive day showing an inflow trend. Among the 2 products, only ▲Grayscale GLNK saw capital inflow.
Total net inflow of $112.97 million | Trading volume of $2.34 million | Total net assets of $115.10 million (accounting for 1.58% of market value)
The Avalanche (AVAX) spot ETF market saw no additional inflows or outflows. Since the 29th of last month, capital movements have been stagnant for 7 consecutive trading days.
Total net inflow of $23.99 million | Trading volume of $59,030 | Total net assets of $45.4 million (accounting for 1.11% of market value)
Canary Litecoin spot ETF (LTCC) recorded no additional inflows or outflows, remaining flat. Since the 2nd of this month, capital movements have been stagnant for 4 consecutive trading days.
Total net inflow of $9.66 million | Trading volume of $150,900 | Total net assets of $6.49 million (accounting for 0.15% of market value)
Canary Litecoin spot ETF (LTCC) remained flat for 4 consecutive trading days | Total net inflow of $9.66 million | Trading volume of $148,660 | Total net assets of $6.49 million (accounting for 0.15% of market value)
Canary Hedera spot ETF (HBAR) net inflow lasted only one day before stabilizing | Total net inflow of $99.07 million | Trading volume of $537,680 | Total net assets of $56.23 million (accounting for 1.45% of market value)
21Shares Polkadot spot ETF (TDOT) remained flat for 14 consecutive trading days | Total net inflow of $1.58 million | Trading volume of $98,560 | Total net assets of $11.38 million (accounting for 0.52% of market value)