ETF Flow Report: A rebound for SOL and XRP against a sharp decline for BTC and ETH 📊
On December 16, a noticeable divergence was observed in institutional investment appetite among major cryptocurrencies, with the results as follows:
✅ Positive cash flows (inflow):
Investors showed optimism towards altcoins, reflected in net flows:
* Solana (SOL): Attracted $3.64 million.
* Ripple (XRP): Delivered strong performance with inflows of $8.54 million.
❌ Negative cash flows (outflow):
Conversely, leading cryptocurrencies experienced significant outflows:
* Bitcoin (BTC): Recorded a massive liquidity outflow of $277.09 million.
* Ethereum (ETH): Followed with outflows totaling $224.26 million.
Field indicator: This shift indicates a movement of liquidity towards altcoins in search of faster growth opportunities, coinciding with profit-taking or temporary caution towards the larger coins in the market