A bruising week for crypto ETFs saw a sharp shift in institutional sentiment, with bitcoin ETFs suffering more than $1.2 billion in outflows and ether products extending a prolonged losing streak. Yet beneath the weakness in the market’s largest assets, capital continued flowing into $XRP, solana, and $HYPE-linked products, signaling a growing appetite for alternative crypto narratives.
Key Takeaways:
- Bitcoin ETFs lost $1.26B, led by Blackrock IBIT’s massive $1B outflow.
- Ether ETFs shed $216M, while $XRP and solana gained $22M and $15.6M, respectively.
- $HYPE ETFs drew $72.4M as investors rotated into alternative crypto growth narratives.
$HYPE ETFs Pull $72M as Investors Rotate Away From Bitcoin and Ether
The contrast across…
