XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) products attracted $67.6 million and $55.1 million in inflows, respectively, last week even as Bitcoin (CRYPTO: BTC) funds bled $982 million, signaling rotation into select altcoins rather than a crypto exit.
Investors Rotating Into Selective Altcoin Exposure
Ethereum (CRYPTO: ETH) products shed $249 million in the week ended May 15, according to CoinShares, but altcoins held up notably well, with XRP, Solana, TON (CRYPTO: TON), Dogecoin (CRYPTO: DOGE), and Chainlink (CRYPTO: LINK) all attracting fresh capital.
CoinShares Head of Research James Butterfill noted that investors are looking past Bitcoin and Ethereum for selective exposure.
The divergence comes as XRP held …