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Reading: Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher
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Mycryptopot > News > Crypto > Solana > Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher
Solana

Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher

August 24, 2026 6 Min Read
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Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher
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XRP and Solana reclaim Might movement highsThe sign, earlier than the noise.Hyperliquid will get a Washington enhance

US-listed crypto exchange-traded funds outdoors Bitcoin and Ethereum drew almost $90 million final week. Buyers adopted a pointy market rally into XRP, Solana, Chainlink and Hyperliquid.

XRP merchandise led the group with $39.78 million of internet inflows within the week ended Aug. 21, their strongest exhibiting because the week ended Might 15, once they attracted about $60.5 million.

Solana funds adopted with $28.34 million, whereas Chainlink and Hyperliquid merchandise added $13.35 million and $3.89 million, respectively.

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Information from SoSoValue exhibits that the rally broadened. The ETF rebound was dominated by Bitcoin and Ethereum. Spot Bitcoin funds pulled in $1.92 billion in the course of the week, and Ethereum merchandise added about $697 million, taking their mixed haul to $2.61 billion, the strongest since October 2025 and their finest week of 2026.

The smaller funds captured solely a fraction of that capital, however their influx streaks prolonged because the rally unfold past the 2 largest cryptocurrencies.

XRP climbed roughly 50% from beneath $1 in the course of the week to as excessive as $1.60. It retreated to $1.49 as of press time. Solana jumped about 24% and briefly traded above $100 for the primary time since February. It then slipped again to round $93.

XRP and Solana reclaim Might movement highs

XRP’s $39.78 million consumption prolonged its run of optimistic weekly flows to 6. The merchandise attracted about $72 million over that interval.

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The most recent allocations pushed cumulative internet inflows because the U.S. merchandise launched to roughly $1.55 billion. Weekly buying and selling quantity additionally reached a document $271.74 million. That exercise accelerated alongside XRP’s worth breakout.

The final comparable surge got here within the week ended Might 15, when XRP funds drew about $60.5 million whilst Bitcoin and Ethereum merchandise have been struggling withdrawals.

Solana funds have constructed a good longer streak. Their $28.34 million consumption marked an eighth consecutive optimistic week. It was the biggest weekly influx since roughly $58 million entered the merchandise in mid-Might.

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The eight-week run has introduced in about $56.3 million, lifting cumulative internet inflows to round $1.19 billion.

That demand has strengthened as SOL recovers from a chronic downturn. The token’s transfer above $100 final week returned it to ranges final seen in February, although it surrendered a part of the advance over the weekend.

Hyperliquid will get a Washington enhance

In the meantime, the rally additionally reached newer and smaller ETF classes.

Hyperliquid funds attracted $3.89 million for a 3rd consecutive optimistic week, taking inflows over the three-week stretch to almost $10 million. Cumulative internet inflows now stand close to $287 million, whereas property within the merchandise climbed above $350 million as HYPE rallied.

HYPE hit a document of about $82 in the course of the week earlier than easing to $79 as of press time. President Donald Trump used an Aug. 19 White Home assembly with crypto executives to focus on efforts to determine a authorized route for Hyperliquid to function within the US. That added a coverage catalyst to the transfer.

Trump additionally urged Congress to advance crypto market-structure laws in the course of the assembly, including to a string of regulatory indicators that helped carry digital-asset costs in the course of the week.

Chainlink funds recorded their strongest resurgence since launch. Their $13.35 million weekly influx was the biggest because the merchandise attracted about $48 million throughout their debut week, pushing cumulative internet inflows to roughly $142 million.

LINK gained about 22% in the course of the week, touching $12 for the primary time since January earlier than retreating to $11.40.

Demand additional down the ETF market remained modest. Avalanche merchandise attracted about $1.3 million, Hedera funds drew roughly $848,000, and Dogecoin ETFs added $654,416.

Collectively, the flows present the institutional bid spreading deeper into the crypto market after months through which allocations outdoors Bitcoin and Ethereum have been comparatively subdued.

The roughly $90 million getting into these merchandise stays small beside the $2.61 billion absorbed by Bitcoin and Ethereum ETFs. Nonetheless, longer influx streaks and sharply increased token costs marked the broadest participation within the rally thus far.

mycryptopot

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