HomeLatest NewsWall Street Pours Nearly $90M Into Altcoin ETFs

Wall Street Pours Nearly $90M Into Altcoin ETFs

Posted: 23 August 2026, 21:31 CET 2 min read

U.S.-listed crypto ETFs excluding Bitcoin and Ethereum drew about $90M in the week ended Aug. 21, led by $39.8M to XRP, $28.3M to Solana and $3.9M to Hyperliquid.

U.S.-listed crypto exchange-traded funds outside Bitcoin and Ethereum attracted nearly $90 million in the week ended Aug. 21. XRP products received $39.78 million, Solana funds took $28.34 million and Hyperliquid offerings added $3.89 million.

Spot Bitcoin funds drew about $1.92 billion and Ethereum products took roughly $697 million in the same week, a combined $2.61 billion, the largest weekly intake since October 2025.

Token prices rose during the reporting period. XRP climbed roughly 50% from below $1 to as high as $1.60 before easing to about $1.49. Solana gained about 24% and briefly traded above $100, later near $93. Hyperliquid’s HYPE hit a record near $82 and settled around $79.

XRP posted its sixth consecutive week of positive flows, adding about $72 million over that span. Cumulative net inflows into U.S. XRP products since their launch are near $1.55 billion. Weekly trading volume in those ETFs reached a record $271.74 million in the latest reporting period. Solana funds recorded an eighth straight week of inflows, bringing eight-week receipts to about $56.3 million and cumulative net inflows to roughly $1.19 billion.

Chainlink products saw $13.35 million of net inflows, their largest weekly intake since launch, lifting cumulative inflows to about $142 million. Hyperliquid ETFs drew $3.89 million for a third consecutive week, nearly $10 million over that span; cumulative net inflows are near $287 million and assets in those products exceeded $350 million. Avalanche products added about $1.3 million, Hedera funds drew roughly $848,000 and Dogecoin ETFs added about $654,000.

A White House meeting on Aug. 19 between the president and crypto executives included discussion of a legal pathway for Hyperliquid to operate in the U.S., and the president urged Congress to advance market-structure legislation for the crypto sector.

Fund-level trading volumes and net inflows increased alongside the price gains during the week, reflecting higher trading activity in U.S.-listed altcoin ETFs.