Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher

US-listed crypto exchange-traded funds outside Bitcoin and Ethereum drew nearly $90 million last week. Investors followed a sharp market rally into XRP, Solana, Chainlink and Hyperliquid.

XRP products led the group with $39.78 million of net inflows in the week ended Aug. 21, their strongest showing since the week ended May 15, when they attracted about $60.5 million.

Solana funds followed with $28.34 million, while Chainlink and Hyperliquid products added $13.35 million and $3.89 million, respectively.

Data from SoSoValue shows that the rally broadened. The ETF rebound was dominated by Bitcoin and Ethereum. Spot Bitcoin funds pulled in $1.92 billion during the week, and Ethereum products added about $697 million, taking their combined haul to $2.61 billion, the strongest since October 2025 and their best week of 2026.

The smaller funds captured only a fraction of that capital, but their inflow streaks extended as the rally spread beyond the two largest cryptocurrencies.

XRP climbed roughly 50% from below $1 during the week to as high as $1.60. It retreated to $1.49 as of press time. Solana jumped about 24% and briefly traded above $100 for the first time since February. It then slipped back to around $93.

XRP and Solana reclaim May flow highs

XRP’s $39.78 million intake extended its run of positive weekly flows to six. The products attracted about $72 million over that period.

The latest allocations pushed cumulative net inflows since the U.S. products launched to roughly $1.55 billion. Weekly trading volume also reached a record $271.74 million. That activity accelerated alongside XRP’s price breakout.

The last comparable surge came in the week ended May 15, when XRP funds drew about $60.5 million even as Bitcoin and Ethereum products were suffering withdrawals.

Solana funds have built an even longer streak. Their $28.34 million intake marked an eighth consecutive positive week. It was the largest weekly inflow since roughly $58 million entered the products in mid-May.

The eight-week run has brought in about $56.3 million, lifting cumulative net inflows to around $1.19 billion.

That demand has strengthened as SOL recovers from a prolonged downturn. The token’s move above $100 last week returned it to levels last seen in February, though it surrendered part of the advance over the weekend.

Hyperliquid gets a Washington boost

Meanwhile, the rally also reached newer and smaller ETF categories.

Hyperliquid funds attracted $3.89 million for a third consecutive positive week, taking inflows over the three-week stretch to nearly $10 million. Cumulative net inflows now stand near $287 million, while assets in the products climbed above $350 million as HYPE rallied.

HYPE hit a record of about $82 during the week before easing to $79 as of press time. President Donald Trump used an Aug. 19 White House meeting with crypto executives to highlight efforts to establish a legal route for Hyperliquid to operate in the US. That added a policy catalyst to the move.

Trump also urged Congress to advance crypto market-structure legislation during the meeting, adding to a string of regulatory signals that helped lift digital-asset prices during the week.

Chainlink funds recorded their strongest resurgence since launch. Their $13.35 million weekly inflow was the largest since the products attracted about $48 million during their debut week, pushing cumulative net inflows to roughly $142 million.

LINK gained about 22% during the week, touching $12 for the first time since January before retreating to $11.40.

Demand further down the ETF market remained modest. Avalanche products attracted about $1.3 million, Hedera funds drew roughly $848,000, and Dogecoin ETFs added $654,416.

Together, the flows show the institutional bid spreading deeper into the crypto market after months in which allocations outside Bitcoin and Ethereum were comparatively subdued.

The roughly $90 million entering those products remains small beside the $2.61 billion absorbed by Bitcoin and Ethereum ETFs. Still, longer inflow streaks and sharply higher token prices marked the broadest participation in the rally so far.