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      Solana and XRP ETFs Attract Inflows Amid Significant Outflows for Bitcoin and Ethereum

      On September 16, Bitcoin and Ethereum spot exchange-traded funds (ETFs) experienced substantial outflows totaling $520 million, coinciding with a 25 basis point interest rate hike by the Federal Reserve, which raised the target range to 3.75%-4.00%. Bitcoin ETFs saw net outflows of approximately $296 million, while Ethereum ETFs faced outflows of about $224 million. In contrast, Solana and XRP ETFs recorded modest inflows, with XRP attracting $3.50 million and Solana bringing in around $837,000.

      The outflows from Bitcoin ETFs were significantly influenced by BlackRock’s IBIT, the leading Bitcoin ETF by assets. Despite these negative flows, spot prices for many cryptocurrencies showed slight increases, indicating a complex market response. The inflows into XRP ETFs were primarily driven by Franklin Templeton’s product, highlighting a potential shift in investor sentiment towards smaller cryptocurrencies.

      Cumulatively, Bitcoin ETFs have amassed $54.57 billion in net inflows since their inception, representing about 6.22% of Bitcoin's total market capitalization. Ethereum ETFs have accumulated $13.15 billion in inflows. In comparison, XRP and Solana ETFs have much smaller figures, with $1.72 billion and $1.37 billion in cumulative net inflows, respectively. This means that even minor inflows into these smaller assets can signify a more substantial percentage of their total assets, reflecting a growing interest in altcoins amid the volatility of larger cryptocurrencies.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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