Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher
US-listed crypto exchange-traded funds exterior Bitcoin and Ethereum drew almost $90 million final week. Traders adopted a pointy market rally into XRP, Solana, Chainlink and Hyperliquid.
XRP merchandise led the group with $39.78 million of web inflows within the week ended Aug. 21, their strongest exhibiting for the reason that week ended Could 15, after they attracted about $60.5 million.
Solana funds adopted with $28.34 million, whereas Chainlink and Hyperliquid merchandise added $13.35 million and $3.89 million, respectively.
Data from SoSoValue reveals that the rally broadened. The ETF rebound was dominated by Bitcoin and Ethereum. Spot Bitcoin funds pulled in $1.92 billion throughout the week, and Ethereum merchandise added about $697 million, taking their mixed haul to $2.61 billion, the strongest since October 2025 and their greatest week of 2026.
The smaller funds captured solely a fraction of that capital, however their influx streaks prolonged because the rally unfold past the 2 largest cryptocurrencies.
XRP climbed roughly 50% from beneath $1 throughout the week to as excessive as $1.60. It retreated to $1.49 as of press time. Solana jumped about 24% and briefly traded above $100 for the primary time since February. It then slipped again to round $93.
XRP and Solana reclaim Could circulation highs
XRP’s $39.78 million consumption prolonged its run of constructive weekly flows to 6. The merchandise attracted about $72 million over that interval.
The newest allocations pushed cumulative web inflows for the reason that U.S. merchandise launched to roughly $1.55 billion. Weekly buying and selling quantity additionally reached a report $271.74 million. That exercise accelerated alongside XRP’s value breakout.
The final comparable surge got here within the week ended Could 15, when XRP funds drew about $60.5 million whilst Bitcoin and Ethereum merchandise have been struggling withdrawals.
Solana funds have constructed an excellent longer streak. Their $28.34 million consumption marked an eighth consecutive constructive week. It was the biggest weekly influx since roughly $58 million entered the merchandise in mid-Could.
The eight-week run has introduced in about $56.3 million, lifting cumulative web inflows to round $1.19 billion.
That demand has strengthened as SOL recovers from a protracted downturn. The token’s transfer above $100 final week returned it to ranges final seen in February, although it surrendered a part of the advance over the weekend.
Hyperliquid will get a Washington increase
In the meantime, the rally additionally reached newer and smaller ETF classes.
Hyperliquid funds attracted $3.89 million for a 3rd consecutive constructive week, taking inflows over the three-week stretch to just about $10 million. Cumulative web inflows now stand close to $287 million, whereas property within the merchandise climbed above $350 million as HYPE rallied.
HYPE hit a report of about $82 throughout the week earlier than easing to $79 as of press time. President Donald Trump used an Aug. 19 White Home assembly with crypto executives to spotlight efforts to ascertain a authorized route for Hyperliquid to function within the US. That added a coverage catalyst to the transfer.
Trump additionally urged Congress to advance crypto market-structure laws throughout the assembly, including to a string of regulatory indicators that helped raise digital-asset costs throughout the week.
Chainlink funds recorded their strongest resurgence since launch. Their $13.35 million weekly influx was the biggest for the reason that merchandise attracted about $48 million throughout their debut week, pushing cumulative web inflows to roughly $142 million.
LINK gained about 22% throughout the week, touching $12 for the primary time since January earlier than retreating to $11.40.
Demand additional down the ETF market remained modest. Avalanche merchandise attracted about $1.3 million, Hedera funds drew roughly $848,000, and Dogecoin ETFs added $654,416.
Collectively, the flows present the institutional bid spreading deeper into the crypto market after months through which allocations exterior Bitcoin and Ethereum have been comparatively subdued.
The roughly $90 million coming into these merchandise stays small beside the $2.61 billion absorbed by Bitcoin and Ethereum ETFs. Nonetheless, longer influx streaks and sharply larger token costs marked the broadest participation within the rally up to now.
