A violent week in crypto has done more than erase billions from market caps — it has exposed a dramatic reallocation of institutional capital.
- Institutions are rotating from BTC and ETH toward altcoin ETFs.
- Solana ETFs faced record withdrawals despite a rebound in SOL price.
- XRP ETFs led the market with strong inflows and rising whale confidence.
While traders focused on the selloff in Bitcoin and Ethereum, ETF flow data in the United States shows that big money isn’t exiting crypto entirely. It’s rotating.
Instead of topping up on BTC and ETH exposure, institutions are loading up on XRP ETFs, while the Solana ETF market faces its first real setback since launch.
Solana Stumbles in ETFs — But Not on the Price Chart
Solana investment funds have been one of the hottest products on Wall Street for weeks, but the streak finally snapped. The sector just posted the largest collective outflow in its short history, with more than $13 million pulled in a single day.
The pressure came almost entirely from one product — the 21Shares Solana ETF (TSOL). After a huge $32 million redemption, TSOL’s cumulative withdrawals have crossed $60 million, turning it into the main source of ETF bleed within the Solana family.
Yet the headlines don’t tell the full story.
Other Solana products did not join the selloff. The Bitwise Solana Staking ETF (BSOL) attracted over $17 million in new capital, and the Grayscale Solana ETF added nearly $2 million. BSOL has never recorded an outflow since its debut, suggesting that the exit from TSOL is not an abandonment of Solana — it’s a reshuffling between ETF issuers.
Despite the turbulence, demand remains impressive: Solana ETFs now oversee roughly $790 million in total assets. And even more surprising, the market didn’t punish SOL. The token climbed more than 3% to around $127, even as trading volume cooled — a sign that speculative interest may be fading, but long-term conviction hasn’t evaporated.
Meanwhile, XRP ETFs Become the Week’s Biggest Winner
The other side of the ETF ledger tells a completely different story. XRP products are having their best moment since launch, welcoming about $90 million in new capital, while Bitcoin and Ethereum ETFs continue to see redemptions.
Most of the inflow funneled into the Grayscale XRP ETF (GXRP) — more than $52 million — with Franklin Templeton’s XRPZ grabbing another $28 million. Canary Capital’s XRPC and the Bitwise XRP ETF rounded out the gains with $5.7 million and $3.1 million, respectively.
On-chain behavior reinforces the ETF demand narrative. Smaller whales and shark wallets are fading, but the largest XRP holders — 100 million+ coins — now hold an estimated 48 billion XRP, the highest level in seven years. In other words, supply is migrating from nervous hands to confident hands.
Traders looking for technical confirmation may have noticed something else:
The TD Sequential indicator issued a weekly buy signal, matching the view of analysts who expect the explosive selloff to mark the end — not the beginning — of XRP’s corrective phase.
Price action has gone quiet for now. XRP is sitting near $2.01, consolidating while markets wait for the next catalyst.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/xrp-etfs-shine-while-solana-faces-its-first-major-test/