Crypto funds shed $952M but XRP and Solana buck the outflow trend
Crypto investment products saw $952M in outflows last week, primarily from Bitcoin and Ethereum, while XRP and Solana attracted new capital.Summary
Digital asset investment products experienced $952 million in outflows last week, ending a four-week inflow streak due to delays in the market structure bill and concerns about whale selling, according to CoinShares. The outflows were heavily concentrated in Ethereum, which saw $555 million exit, and Bitcoin, which recorded $460 million in withdrawals. Conversely, XRP and Solana funds bucked the trend, attracting significant new capital with $63 million flowing into XRP products and nearly $49 million into Solana products. Despite the recent weakness, Ethereum remains ahead year-to-date, attracting $12.7 billion compared to $5.3 billion last year, though Bitcoin's year-to-date inflows of $27.2 billion are lagging behind 2024's pace.
(Source：Crypto Briefing)