Wall Street pumps nearly $90 million into altcoin ETFs as XRP, Solana and Hyperliquid surge

U.S.-listed cryptocurrency exchange‑traded funds (ETFs) that track assets other than Bitcoin and Ethereum recorded net inflows of roughly $90 million in the week ending August 21. The surge followed a broad market rally that lifted several altcoins and smaller‑cap crypto products.

Top altcoin ETF inflows

• link" href="/prices/ripple">XRP products attracted $39.78 million, the strongest weekly inflow since mid‑May.
• Solana funds received $28.34 million, marking an eighth consecutive week of positive flows.
• Chainlink (LINK) funds added $13.35 million, the largest weekly inflow since their launch week.
• Hyperliquid (HYPE) funds pulled in $3.89 million for a third straight week.

Broader ETF landscape

Bitcoin and Ethereum ETFs continued to dominate, with spot Bitcoin funds netting $1.92 billion and Ethereum products $697 million, together reaching $2.61 billion for the week – the strongest total since October 2025 and the best week of 2026.

Smaller‑cap products saw modest inflows: Avalanche ETFs $1.3 million, Hedera $848 000, and Dogecoin ETFs $654 416.

Price moves accompanying the flows

• XRP rose about 50 % during the week, peaking near $1.60 before settling around $1.49.
• Solana jumped roughly 24 %, briefly trading above $100 for the first time since February, then easing to the $93‑$95 range.
• LINK gained about 22 %, touching $12 before retreating to $11.40.
• Hyperliquid surged to a record near $82 before slipping to $79.

Context and significance

The $90 million inflow into altcoin ETFs remains small compared with the $2.61 billion captured by Bitcoin and Ethereum products, but the extended positive streaks for XRP and Solana indicate growing institutional interest beyond the two largest cryptocurrencies.