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

What happened

US-listed crypto exchange-traded funds (ETFs) that invest in cryptocurrencies other than Bitcoin and Ethereum attracted nearly $90 million in net inflows last week. XRP products led the group, followed by Solana, Chainlink, and Hyperliquid, as investors bought into a sharp market rally.

Confirmed

Global impact / market context

This inflow shows growing investor appetite for alternative digital assets beyond the two largest. When money flows into these funds, it can boost demand for the underlying tokens, potentially raising their prices. This may encourage more crypto-focused products and increase market activity.

Analyst inference

The rally in XRP, Solana, Chainlink, and Hyperliquid suggests a broader risk-on mood in crypto markets. Strong inflows into altcoin ETFs could signal that investors are diversifying away from Bitcoin and Ethereum, possibly due to optimism about network upgrades or regulatory clarity, though specifics are not provided.

Analyst inference

What to watch

1. Track whether next week's inflows into altcoin ETFs continue near the $90 million level, especially if XRP maintains its leading position as the top recipient. Confirmed
2. Consider monitoring price movements of XRP, Solana, Chainlink, and Hyperliquid to see if sustained ETF inflows correlate with further rallies, which could inform investment decisions. Proposed
3. Watch for any regulatory announcements or market events that might drive or reverse this trend, as such news could significantly impact future flows into these crypto funds. Analyst inference

Affected assets

• XRP — XRP
• HYPE — Hyperliquid
• SOL — Solana
• BTC — Bitcoin
• ETH — Ethereum
• LINK — Chainlink

Evidence

• cryptoslate.com