Solana and XRP ETFs Attract Modest Institutional Inflows Amid Split Altcoin Market

U.S. spot exchange-traded funds (ETFs) for Solana and XRP saw modest inflows on June 18, indicating selective institutional interest in these assets.

The inflows were mainly driven by Bitwise's ETFs, which recorded $2.55 million in net inflows for XRP spot ETFs, contributing to a cumulative total of $1.45 billion. Solana ETFs saw $2.99 million in inflows, totaling $1.13 billion cumulatively.

However, other altcoin ETFs like Dogecoin, Chainlink, and Avalanche remained mostly inactive, highlighting a split market where only major funds gain traction.