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.
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