XRP And Solana Dominate Crypto ETP Flows While Ethereum Declines

The ETFs, those much-scrutinized investment vehicles, have just delivered an irrefutable verdict: Ethereum is losing ground against XRP and Solana. According to CoinShares, net outflows from ETH-related products reached 86 million dollars in one week, while its rivals are nibbling away at market shares. Bitcoin, on the other hand, confirms its status as a safe haven with 724 million in inflows. Breakthrough scenario or simple correction? A deep dive into the bowels of a boiling market.

Ethereum in free fall: the domino effect

86 million dollars evaporated. The figure stings. Fourth consecutive week of net outflows for Ethereum ETFs – a record that raises alarms.

Are institutional investors abandoning ship? The reasons abound: delays in network updates, fierce competition, or simply profit-taking before a general pullback? One thing is clear: distrust is settling in.

Meanwhile, bitcoin is fueled by optimism. The massive inflows driven by BlackRock’s iShares Bitcoin Trust remind us of one reality: in times of uncertainty, the king remains a bunker. 724 million dollars in inflows in 7 days sweep away five weeks of outflows. Proof that crypto has its immutable hierarchies… or almost.

For in the shadows, XRP and Solana are playing their cards. 6.7 million for crypto XRP, 6.4 million for crypto SOL: amounts paltry compared to bitcoin, but symbolic. These inflows betray a strategy: diversifying bets on undervalued assets. Is Ethereum paying for its lack of a clear narrative? The question is on everyone’s lips.

XRP and Solana: the revenge of the outsiders

XRP strikes hard. The legal victory against the SEC in 2023 has changed the game: institutional investors are finally daring to believe in it. Its utility in cross-border payments, coupled with negligible fees, makes it a credible challenger.

Solana, for its part, bets on speed. 10,000 transactions per second versus Ethereum’s 15: the argument hits home. And the announcement of a Solana futures ETF in the U.S., a first, electrifies speculations. A scenario akin to a Bitcoin ETF on the horizon? Traders love it.

But beware of illusions. Polygon, Chainlink, and other altcoins are picking up the crumbs ($400,000 and $200,000 in inflows). Proof that only projects with a winning combo (tech + adoption + hype) will survive. Ethereum knew this… until it perhaps forgot. Bitcoin saves appearances, but the real battle is being fought elsewhere. And you, which horse are you betting on? For Trump, his memecoin is the best of all.