Ethereum, Solana, and XRP Witness Huge Institutional Inflows

Ethereum, Solana, and XRP Witness Huge Institutional Inflows

The post Ethereum, Solana, and XRP Witness Huge Institutional Inflows appeared first on Coinpedia Fintech News

The crypto asset investment products witnessed a $185 million inflow last week, taking the total inflow in May to more than $2 billion. There was also the highest BTC inflow of $148M recorded due to spot BTC ETF. Ethereum saw a positive buying for the second week of $33.5 million due to the spot ETH ETF approval. The ETH investment triggered a $5.8 million purchase of Solana. XRP and ADA also witnessed a rise in inflows of $0.8 million and $0.3 million, respectively. The ETH, SOL, and XRP prices begin to rally with improved sentiments.