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Crypto Desk

SOL and XRP Spot ETFs See Net Inflows While BTC and ETH ETFs Experience Outflows

SOL and XRP Spot ETFs See Net Inflows While BTC and ETH ETFs Experience Outflows

On February 19, spot ETFs for Solana (SOL) and XRP experienced net inflows of $5.94 million and $4.05 million, respectively, while Bitcoin (BTC) and Ethereum (ETH) spot ETFs saw significant outflows totaling $165.8 million and $130.1 million. This shift indicates a growing investor interest in altcoins, as market dynamics show a move away from established BTC and ETH funds towards newer products featuring SOL and XRP, which have been launched in recent months.

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