Altcoin ETFs are here, but where’s the money?
SOL, XRP, LTC, HBAR all launched spot ETFs.
$700M in, prices down.
What’s going on?
#ETF #Altcoins
PANews Original｜Altcoin ETFs Launch with $700M Inflows, but Struggle to Gain Traction
With the SEC easing approvals and crypto ETF regulation taking shape, Solana, XRP, Litecoin, and Hedera have all launched spot ETFs, aiming to tap into Wall Street demand.
But in a weak market, the hype hasn’t translated into strong inflows. So far, the four ETFs have pulled in just ~$700M combined, with many seeing days of zero inflows, highlighting limited investor appetite.
Details:
Solana: ~$420M in total inflows, led by Bitwise’s BSOL, but SOL is down ~31% post-launch.
XRP: ~$270M via Canary’s XRPC, driven by early cash creation; XRP has dropped ~13%.
Litecoin & Hedera: Low inflows, multiple zero-flow days; LTC and HBAR are down ~7% and ~26%.
Altcoin ETFs face key hurdles: smaller market share, high volatility, low liquidity, and cautious institutions. While staking and regulatory clarity offer long-term potential, near-term price impact remains minimal.
Wall Street may be open to altcoins, but winning real traction will take more than an ETF ticker.
#ETF #SOL #XRP
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