XRP, Solana and Cardano Record Inflows Despite Bitcoin, Ethereum Seeing $1.44B Outflows
The post XRP, Solana and Cardano Record Inflows Despite Bitcoin, Ethereum Seeing $1.44B Outflows appeared on BitcoinEthereumNews.com. XRP, Solana, and Cardano buck the trend as investment products tied to Ethereum, Bitcoin record $1.44 billion in weekly outflows. According to the latest CoinShares report, this marked the largest weekly outflow since March. Despite the downturn, ETP trading volumes surged to $38 billion, about 50% above this year’s average. This reflects heightened investor activity amid shifting U.S. monetary policy signals. Bitcoin Faces Heavy Outflows Specifically, investment products tied to Bitcoin led the market downturn, with $1 billion in outflows last week. Investor caution was amplified early in the week when fears about the Federal Reserve’s rate stance triggered withdrawals totaling $2 billion. – Advertisement – Although sentiment later improved, Bitcoin still ended the week deep in negative territory. Year-to-date, Bitcoin inflows represent just 11% of assets under management (AUM). Ethereum Shows Stronger Resilience Meanwhile, Ethereum stood out with a sharper mid-week recovery, limiting its weekly outflows to $440 million. ETH is fast emerging as the preferred institutional play, with $2.5 billion in inflows month-to-date, compared to Bitcoin’s $1 billion in net outflows. Ethereum’s year-to-date inflows now account for 26% of total AUM. XRP, Solana Record Inflows Outside the two market leaders, altcoins saw uneven demand. XRP-based investments attracted $25 million inflows for the week, bringing the month-to-date inflow to $173 million. The year-to-date inflow rose to $1.26 billion, with assets under management at $2.75 billion. Solana investments also performed well, with $12 million in inflows last week. Month-to-date, Solana has attracted $211 million, with year-to-date inflows totaling $1.06 billion. Solana-based products now have an AUM of around $2.9 billion. Cronos-based products saw $4.4 million in weekly inflows, bringing the year-to-date figure to $62 million and AUM to $92 million. Other crypto asset investments that recorded inflows last week included Cardano, Chainlink, and Litecoin. On the other hand, Sui (-$12.9…
The post XRP, Solana and Cardano Record Inflows Despite Bitcoin, Ethereum Seeing $1.44B Outflows appeared on BitcoinEthereumNews.com.
XRP, Solana, and Cardano buck the trend as investment products tied to Ethereum, Bitcoin record $1.44 billion in weekly outflows. According to the latest CoinShares report, this marked the largest weekly outflow since March. Despite the downturn, ETP trading volumes surged to $38 billion, about 50% above this year’s average. This reflects heightened investor activity amid shifting U.S. monetary policy signals. Bitcoin Faces Heavy Outflows Specifically, investment products tied to Bitcoin led the market downturn, with $1 billion in outflows last week. Investor caution was amplified early in the week when fears about the Federal Reserve’s rate stance triggered withdrawals totaling $2 billion. – Advertisement – Although sentiment later improved, Bitcoin still ended the week deep in negative territory. Year-to-date, Bitcoin inflows represent just 11% of assets under management (AUM). Ethereum Shows Stronger Resilience Meanwhile, Ethereum stood out with a sharper mid-week recovery, limiting its weekly outflows to $440 million. ETH is fast emerging as the preferred institutional play, with $2.5 billion in inflows month-to-date, compared to Bitcoin’s $1 billion in net outflows. Ethereum’s year-to-date inflows now account for 26% of total AUM. XRP, Solana Record Inflows Outside the two market leaders, altcoins saw uneven demand. XRP-based investments attracted $25 million inflows for the week, bringing the month-to-date inflow to $173 million. The year-to-date inflow rose to $1.26 billion, with assets under management at $2.75 billion. Solana investments also performed well, with $12 million in inflows last week. Month-to-date, Solana has attracted $211 million, with year-to-date inflows totaling $1.06 billion. Solana-based products now have an AUM of around $2.9 billion. Cronos-based products saw $4.4 million in weekly inflows, bringing the year-to-date figure to $62 million and AUM to $92 million. Other crypto asset investments that recorded inflows last week included Cardano, Chainlink, and Litecoin. On the other hand, Sui (-$12.9…
What's Your Reaction?
