Solana and XRP ETFs see fresh inflows, signaling selective institutional demand amid quiet altcoin ETF market.
U.S. spot ETFs for Solana (SOL) and XRP (XRP) attracted modest inflows on June 18, driven mainly by Bitwise’s ETFs, indicating selective institutional interest. XRP spot ETFs recorded $2.55 million in net inflows, contributing to a cumulative $1.45 billion, while Solana ETFs saw $2.99 million inflows, totaling $1.13 billion cumulatively. Other altcoin ETFs like Dogecoin, Chainlink, and Avalanche remained mostly inactive, highlighting a split market where only major funds gain traction. This trend suggests that institutional investors prefer established, liquid ETFs, potentially creating a two-tier market in altcoin ETF investments.
U.S. spot ETFs for Solana (SOL) and XRP (XRP) attracted modest inflows on June 18, driven mainly by Bitwise’s ETFs, indicating selective institutional interest. XRP spot ETFs recorded $2.55 million in net inflows, contributing to a cumulative $1.45 billion, while Solana ETFs saw $2.99 million inflows, totaling $1.13 billion cumulatively. Other altcoin ETFs like Dogecoin, Chainlink, and Avalanche remained mostly inactive, highlighting a split market where only major funds gain traction. This trend suggests that institutional investors prefer established, liquid ETFs, potentially creating a two-tier market in altcoin ETF investments.
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