Institutional investors offloaded a significant amount of Bitcoin and Ethereum last week based on the outflows from crypto funds. Meanwhile, XRP and Solana stood out as they were among the few altcoins that recorded net inflows.

Institutions Dump Bitcoin And Ethereum For XRP And Solana

A CoinShares report revealed that Bitcoin and Ethereum funds experienced net outflows of $719 million and $409.4 million, respectively, last week. Meanwhile, XRP and Solana recorded net inflows of $93.1 million and $291 million during the same period, highlighting a notable trend among institutional investors .

The inflows for XRP and Solana increased from last week, when these assets recorded inflows of $69.4 million and $127.3 million, respectively. Notably, the rotation from Bit

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