XRP, SOL, and HYPE Become New Magnet for Institutional Capital



In contrast to BTC and ETH, ETFs tracking XRP, Solana, and HYPE are recording a positive trend.

XRP ETFs are reported to have almost never recorded a red week in the last two months. In fact, only two weeks since mid-March have ended with outflows.

Cumulatively, XRP ETFs have attracted approximately $1.45 billion in inflows and set a new all-time high.

Solana ETFs are also still recording positive inflows, albeit more modest. In the past week, SOL ETFs booked over $7 million in inflows after previously experiencing outflows of around $2.58 million.

Meanwhile, HYPE has become the main highlight. Since its launch in mid-May, HYPE ETFs have never recorded a negative week.

In six weeks, this product has accumulated nearly $185 million in inflows, including about $28 million in just the past week.#SKHynixTopsKOSPIByMarketCap
XRP1.32%
SOL3.22%
HYPE2.21%
BTC0.84%
ETH1.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned