XRP ETFs See Massive Inflows, Solana Outflows

Despite market downturn, altcoin ETFs see significant inflows; XRP ETFs attract over six hundred twenty-eight million dollars, including one hundred sixty-four million on Monday. Investors strategically buying during market dip, favoring assets with clear, less speculative stories. Solana ETFs experience outflows due to technical issues, while XRP benefits from growing institutional interest and positive regulatory outlook. New listing of Franklin Templetons spot XRP ETF, XRPZ, likely contributed to large inflows. Potential Federal Reserve interest rate cut in December could bring more liquidity to altcoins, favoring those with strong fundamentals and easier access for institutions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.