XRP, Solana lead altcoin ETP inflows as Ethereum slumps — CoinShares
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, with $6.71 million and $6.44 million respectively, 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.
Go to Source
Author: Yohan Yun
