ETH, SOL & XRP ETFs See Inflows as BTC Faces Outflows
ETH, SOL, and XRP spot ETFs gained capital on Jan. 28, while BTC ETFs saw $19.64M in outflows.
- BTC spot ETFs recorded $19.64M in net outflows.
- ETH, SOL, and XRP ETFs saw positive net inflows.
- XRP led altcoin ETF gains with $6.95M inflow.
On January 28, spot ETFs for Ethereum (ETH), Solana (SOL), and Ripple (XRP) all recorded net inflows, showing renewed investor interest in altcoin exposure. This trend suggests a shift in sentiment, possibly driven by diversification strategies or expectations of stronger gains outside Bitcoin.
XRP emerged as the leader among altcoins, securing $6.95 million in net inflows, followed by Ethereum with $28.1 million and Solana with $6.69 million. These numbers point to growing confidence in the broader crypto market, especially in the context of regulatory optimism and increased demand for alternative blockchain projects.
Bitcoin ETF Outflows Surprise Market
In contrast to the altcoin gains, spot Bitcoin ETFs faced $19.64 million in net outflows on the same day. This movement raises eyebrows, especially considering the strong inflow trend BTC ETFs had enjoyed in previous weeks.
Several factors could explain this shift: short-term profit-taking, market uncertainty ahead of upcoming macroeconomic data, or investor rotation into altcoins that may offer higher returns. While this single-day data does not necessarily signal a long-term reversal, it’s a notable blip in the broader trend of institutional BTC accumulation.
What This Means for the Market
The divergence in ETF flows suggests investors are increasingly looking beyond Bitcoin for growth opportunities. With the possibility of more altcoin ETF approvals on the horizon, especially in U.S. markets, we may be witnessing the early stages of a more balanced institutional interest across the crypto ecosystem.
This flow pattern could also signal increased confidence in projects like XRP and SOL, especially as legal clarity and network upgrades continue to unfold.
Read Also :
- Avalanche RWA Issuance Surpasses $1.3 Billion Milestone
- Dubai Insurance Embraces Crypto for Premiums & Claims via Zodia
- Ethereum Struggles at $3K, Eyes $2,800 Support Zone
- Gold Surges $1.65T in a Day, Nears Bitcoin’s Value
- Ethereum Dominates Stablecoin Market in 2026 Surge
