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XRP, Solana lead altcoin ETP inflows as Ethereum slumps — CoinShares

cryptoweekly by cryptoweekly
March 24, 2025
in bitcoin, News
0

Digital asset investment products record weekly net inflows for the first time in five weeks, but Ethereum-based ETPs have $86 million in outflows.

XRP and Solana led all altcoin-based exchange-traded product (ETP) inflows during the week ending March 21, according to digital asset investment firm CoinShares.

Other altcoin inflows were comparatively modest, with Polygon (MATIC) logging $400,000 and Chainlink (LINK) adding $200,000.

Sentiment toward altcoins remained mixed overall, as Ether (ETH) alone saw significant outflows totaling $86 million. Other notable outflows included Sui (SUI), with $1.3 million, Polkadot (DOT), with $1.3 million and Tron (TRX), with $950,000.

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  • Ether vulnerable as ‘meaningful unwinding’ on horizon — Analyst
  • US crypto legislation drives $4B surge in stablecoin supply
  • Hong Kong hoses down stablecoin frenzy, Pokemon on Solana: Asia Express
  • Bitcoin is losing its bullish momentum: Is a drop to $115K next?
  • MEV arbitrageurs on Ethereum increasingly centralized — Research
  • Ex-Gemini, Kraken exec appointed as CEO of crypto advocacy group
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