Markets· ★★★· neutral·

$520M pulled from bitcoin and Ethereum ETFs, Solana and XRP attract funds

  • —Bitcoin ETF outflows totaled $295.98 million, Ethereum ETF outflows $224.11 million
  • —XRP ETFs attracted $3.5 million, Solana ETFs about $837,000
  • —The Fed raised rates by 25 bps to a range of 3.75–4.00%
  • —Cumulative bitcoin ETF inflows since launch stand at $54.57 billion
Why it matters: The rotation of capital from BTC and ETH into altcoin ETFs shows institutions shifting into smaller assets after the Fed's tightening.
#BTC#ETH#SOL#XRP
Source: Crypto Briefing
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