Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Crypto Currencey
    • Home
    • About
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • Exchanges
      • Centralized (CEX)
      • Decentralized (DEX)
    • Tax Software
    • Wallets
      • Hardware
      • Software
    • Trading Bots
      • Cloud Based
      • Advanced
    • Tools
      • Crypto Market Cap List
      • Market Heatmap
    Crypto Currencey
    Home»Crypto News»Altcoins»Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher
    Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher
    Altcoins

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

    August 23, 20264 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    ledger



    US-listed crypto exchange-traded funds outside Bitcoin and Ethereum drew nearly $90 million last week. Investors followed a sharp market rally into XRP, Solana, Chainlink and Hyperliquid.

    XRP products led the group with $39.78 million of net inflows in the week ended Aug. 21, their strongest showing since the week ended May 15, when they attracted about $60.5 million.

    Solana funds followed with $28.34 million, while Chainlink and Hyperliquid products added $13.35 million and $3.89 million, respectively.

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

    coinbase

    The smaller funds captured only a fraction of that capital, but their inflow streaks extended as the rally spread beyond the two largest cryptocurrencies.

    XRP climbed roughly 50% from below $1 during 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 first time since February. It then slipped back to around $93.

    XRP and Solana reclaim May flow highs

    XRP’s $39.78 million intake extended its run of positive weekly flows to six. The products attracted about $72 million over that period.

    The latest allocations pushed cumulative net inflows since the U.S. products launched to roughly $1.55 billion. Weekly trading volume also reached a record $271.74 million. That activity accelerated alongside XRP’s price breakout.

    The last comparable surge came in the week ended May 15, when XRP funds drew about $60.5 million even as Bitcoin and Ethereum products were suffering withdrawals.

    Solana funds have built an even longer streak. Their $28.34 million intake marked an eighth consecutive positive week. It was the largest weekly inflow since roughly $58 million entered the products in mid-May.

    The Daily Brief

    The signal, before the noise.

    Start your day with the crypto stories moving markets, decoded by CryptoSlate’s editors.

    One email. Everything that matters.

    Free to join. Unsubscribe any time.

    Whoops, looks like there was a problem. Please try again.

    You’re on the list. Your next Daily Brief is on its way.

    The eight-week run has brought in about $56.3 million, lifting cumulative net inflows to around $1.19 billion.

    That demand has strengthened as SOL recovers from a prolonged downturn. The token’s move above $100 last week returned it to levels last seen in February, though it surrendered part of the advance over the weekend.

    Hyperliquid gets a Washington boost

    Meanwhile, the rally also reached newer and smaller ETF categories.

    Hyperliquid funds attracted $3.89 million for a third consecutive positive week, taking inflows over the three-week stretch to nearly $10 million. Cumulative net inflows now stand near $287 million, while assets in the products climbed above $350 million as HYPE rallied.

    HYPE hit a record of about $82 during the week before easing to $79 as of press time. President Donald Trump used an Aug. 19 White House meeting with crypto executives to highlight efforts to establish a legal route for Hyperliquid to operate in the US. That added a policy catalyst to the move.

    Trump also urged Congress to advance crypto market-structure legislation during the meeting, adding to a string of regulatory signals that helped lift digital-asset prices during the week.

    Chainlink funds recorded their strongest resurgence since launch. Their $13.35 million weekly inflow was the largest since the products attracted about $48 million during their debut week, pushing cumulative net inflows to roughly $142 million.

    LINK gained about 22% during the week, touching $12 for the first time since January before retreating to $11.40.

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

    Together, the flows show the institutional bid spreading deeper into the crypto market after months in which allocations outside Bitcoin and Ethereum were comparatively subdued.

    The roughly $90 million entering those products remains small beside the $2.61 billion absorbed by Bitcoin and Ethereum ETFs. Still, longer inflow streaks and sharply higher token prices marked the broadest participation in the rally so far.



    Source link

    synthesia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    HashKey Cloud backs Stacks’ Genesis Bond to prove institutional appetite for native Bitcoin yield

    August 28, 2026

    What Are the Next Targets?

    August 27, 2026

    Altcoins Rip Higher, but One Brutal Metric Kills the Altseason Hype

    August 26, 2026

    Avalanche Tokenized Asset Value Crosses $3B As RWA Push Grows

    August 24, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    coinbase
    Latest Posts

    First Quantum-Resistant Bitcoin Transaction Confirmed on Mainnet Without Protocol Change

    August 27, 2026

    Google Research Introduces GlucoFM: A 0.72M-Parameter Dual-Stream Foundation Model for Continuous Glucose Monitoring

    August 27, 2026

    laziest way to make money with ai ($1,000/day+)

    August 27, 2026

    What AI Actually Is — explained for complete beginners (no code, no math)

    August 27, 2026

    AI hacking other companies by itself, causing security fears 💻: Learn about the news in English 🗞️

    August 27, 2026
    binance
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    HashKey Cloud backs Stacks’ Genesis Bond to prove institutional appetite for native Bitcoin yield

    August 28, 2026

    How to Become a Tezos Baker in 2026: Costs and Setup

    August 28, 2026
    coinbase
    Facebook X (Twitter) Instagram Pinterest
    © 2026 CryptoCurrencey.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.