Investors pumped US$291 million into funds giving exposure to SOL, and over US$93 million into XRP.
investors are putting money on funds backed Solana (SOL) and XRP while simultaneously withdrawing funds from Bitcoin (BTC) and Ethereum (ETH), according to recent data from CoinShares, a European digital asset manager. The report noted that SOL-focused funds received investments worth US$291 million while XRP-related vehicles saw US$93 million in inflows. The report showed an outflow of US$719 million from BTC and US$409 million from ETH funds