XRP and Solana funds see inflows as bitcoin outflows near $1B

Investors rotated out of bitcoin and into XRP and Solana exchange-traded products last week, with bitcoin funds posting nearly $1 billion in outflows while altcoin products attracted fresh capital, according to CoinShares data.

CoinShares reported that bitcoin investment products saw outflows of approximately $968 million, marking one of the largest weekly withdrawals this year. In contrast, XRP and Solana funds recorded inflows of $38 million and $16 million respectively, suggesting a shift in investor preference toward alternative cryptocurrencies. Ethereum products also experienced outflows, though smaller in magnitude. The rotation comes amid a broader market consolidation phase, with bitcoin trading in a range after its recent rally. On-chain data shows exchange reserves for bitcoin have been declining, which typically signals reduced selling pressure, but the ETF outflows indicate institutional profit-taking or risk-off positioning. Live crypto prices and charts on NowPrice reflect the ongoing divergence between bitcoin and altcoin flows.

The divergence between bitcoin and altcoin fund flows highlights changing risk appetite among institutional investors. Bitcoin's outflows may be driven by profit-taking after its strong performance earlier this year, while inflows into XRP and Solana suggest traders are seeking exposure to assets with potential for catch-up gains. Regulatory clarity around XRP in the US and Solana's growing ecosystem activity could be supporting demand. Meanwhile, the broader macro environment, including expectations for Federal Reserve rate cuts later this year, continues to influence risk-asset sentiment. A weaker dollar and lower yields typically benefit cryptocurrencies, but near-term uncertainty around inflation data keeps markets cautious.

Traders should monitor weekly fund flow data from CoinShares and similar providers for signs of trend continuation or reversal. Key levels for bitcoin include support near $60,000 and resistance around $70,000, while XRP and Solana may test recent highs if inflows persist. The upcoming Federal Reserve meeting minutes and US inflation reports could provide further direction for risk assets. Additionally, on-chain metrics such as exchange inflows and whale activity will be important to gauge whether the rotation is a short-term shift or the start of a broader altcoin season.