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XRP and Solana funds attract inflows as bitcoin outflows hit nearly $1 billion

CoinDesk
XRP and Solana investment products saw significant inflows while Bitcoin funds experienced nearly $1 billion in outflows amid shifting market sentiment.

Summary

A recent CoinShares report indicates that investors are rotating capital into altcoins like XRP and Solana, which saw inflows of $67.6 million and $55.1 million respectively. Conversely, Bitcoin and Ethereum funds faced heavy selling pressure, losing $982 million and $249 million. Analysts suggest this trend reflects a broader shift in investor appetite toward selective altcoin exposure as caution grows regarding Bitcoin's near-term price trajectory.

(Source:CoinDesk)