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XRP and Solana funds attract inflows as bitcoin outflows hit nearly $1 billion

CoinDesk·May 19Read the full story →

Hex37's read

  • CoinShares reports nearly $1 billion in outflows from Bitcoin investment products.
  • Investors are rotating capital into XRP and Solana-based listed products.
  • Ethereum products also experienced significant weekly outflows.

What it means for traders

  • Shift in sentiment suggests profit-taking in BTC/ETH and rotation into altcoin-focused investment vehicles.
  • Monitor XRP and SOL for potential bullish momentum as institutional interest shifts toward these assets.

Affected markets

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