Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher

NewsSun, 23 Aug 2026 21:10:58 UTC2 hours ago
Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher

US-listed crypto exchange-traded funds outside Bitcoin and Ethereum drew nearly $90 million last week. Investors followed a sharp market rally into XRP, Solana, Chainlink and Hyperliquid.

XRP products led the group with $39.78 million of net inflows in the week ended Aug. 21, their strongest showing since the week ended May 15, when they attracted about $60.5 million.

Solana funds followed with $28.34 million, while Chainlink and Hyperliquid products added $13.35 million and $3.89 million, respectively.

Data from SoSoValue shows that the rally broadened. The ETF rebound was dominated by Bitcoin and Ethereum. Spot Bitcoin funds pulled in $1.92 billion during the week, and Ethereum products added about $697 million, taking their combined haul to $2.61 billion, the strongest since October 2025 and their best week of 2026.

The smaller funds captured only a fraction of that capital, but their inflow streaks extended as the rally spread beyond the two largest cryptocurrencies.

XRP climbed roughly 50% from below $1 during the week to as high as $1.60. It retreated to $1.49 as of press time. Solana jumped about 24% and briefly traded above $100 for the first time since February. It then slipped back to around $93.

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