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Karotin
Karotin
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How are the ETFs of cryptocurrencies other than BTC, ETH, and SOL performing? In the last five trading days (September 18 to 24), the HYPE spot ETF had a cumulative net inflow of about $7.1 million, but its daily performance fluctuated significantly: about $1.6 million outflow on Wednesday, followed by about $4.8 million inflow on Thursday. The XRP spot ETF also deserves attention with a single-day net inflow of about $14.89 million on Thursday. There are related ETF products for DOGE, LINK, LTC, and other coins, but the recent verifiable fund sizes are not yet sufficient to indicate a comprehensive capital influx into smaller coins. My observation is: the coverage of ETFs is expanding, but funds are still clearly concentrated in BTC, followed by ETH and SOL. For other coins, single-day inflows are signals; whether funds continue to flow in for multiple consecutive weeks better indicates whether demand is stable. #XRP #HYPE #DOGE #LINK #LTC #ETF #Crypto

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