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Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher

US-listed crypto exchange-traded funds exterior Bitcoin and Ethereum drew nearly $90 million final week. Investors adopted a pointy market rally into XRP, Solana, Chainlink and Hyperliquid.

XRP merchandise led the group with $39.78 million of internet inflows within the week ended Aug. 21, their strongest displaying for the reason that week ended May 15, once they attracted about $60.5 million.

Solana funds adopted with $28.34 million, whereas Chainlink and Hyperliquid merchandise added $13.35 million and $3.89 million, respectively.

Data from SoSoValue exhibits that the rally broadened. The ETF rebound was dominated by Bitcoin and Ethereum. Spot Bitcoin funds pulled in $1.92 billion through the week, and Ethereum merchandise added about $697 million, taking their mixed haul to $2.61 billion, the strongest since October 2025 and their greatest week of 2026.

The smaller funds captured solely a fraction of that capital, however their influx streaks prolonged as the rally unfold past the 2 largest cryptocurrencies.

XRP climbed roughly 50% from under $1 through the week to as high as $1.60. It retreated to $1.49 as of press time. Solana jumped about 24% and briefly traded above $100 for the primary time since February. It then slipped again to round $93.

XRP and Solana reclaim May stream highs

XRP’s $39.78 million consumption prolonged its run of optimistic weekly flows to 6. The merchandise attracted about $72 million over that interval.

The newest allocations pushed cumulative internet inflows for the reason that U.S. merchandise launched to roughly $1.55 billion. Weekly buying and selling quantity additionally reached a document $271.74 million. That exercise accelerated alongside XRP’s price breakout.

The final comparable surge got here within the week ended May 15, when XRP funds drew about $60.5 million even as Bitcoin and Ethereum merchandise have been struggling withdrawals.

Solana funds have constructed a fair longer streak. Their $28.34 million consumption marked an eighth consecutive optimistic week. It was the most important weekly influx since roughly $58 million entered the merchandise in mid-May.

The eight-week run has introduced in about $56.3 million, lifting cumulative internet inflows to round $1.19 billion.

That demand has strengthened as SOL recovers from a chronic downturn. The token’s transfer above $100 final week returned it to ranges final seen in February, although it surrendered a part of the advance over the weekend.

Hyperliquid will get a Washington increase

Meanwhile, the rally additionally reached newer and smaller ETF classes.

Hyperliquid funds attracted $3.89 million for a 3rd consecutive optimistic week, taking inflows over the three-week stretch to nearly $10 million. Cumulative internet inflows now stand close to $287 million, whereas property within the merchandise climbed above $350 million as HYPE rallied.

HYPE hit a document of about $82 through the week earlier than easing to $79 as of press time. President Donald Trump used an Aug. 19 White House meeting with crypto executives to focus on efforts to determine a authorized route for Hyperliquid to function within the US. That added a coverage catalyst to the transfer.

Trump additionally urged Congress to advance crypto market-structure laws through the assembly, including to a string of regulatory indicators that helped elevate digital-asset costs through the week.

Chainlink funds recorded their strongest resurgence since launch. Their $13.35 million weekly influx was the most important for the reason that merchandise attracted about $48 million throughout their debut week, pushing cumulative internet inflows to roughly $142 million.

LINK gained about 22% through the week, touching $12 for the primary time since January earlier than retreating to $11.40.

Demand additional down the ETF market remained modest. Avalanche merchandise attracted about $1.3 million, Hedera funds drew roughly $848,000, and Dogecoin ETFs added $654,416.

Together, the flows present the institutional bid spreading deeper into the crypto market after months through which allocations exterior Bitcoin and Ethereum have been comparatively subdued.

The roughly $90 million coming into these merchandise stays small beside the $2.61 billion absorbed by Bitcoin and Ethereum ETFs. Still, longer influx streaks and sharply higher token costs marked the broadest participation within the rally to this point.

The put up Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher appeared first on CryptoSlate.

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