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MarketFeaturedETFTradingTradFi
Aug 23, 2026
3min read
byOluwapelumi Adejumo
forCryptoSlate
US-listed crypto ETFs outside <a href="https://xpertsstudio.com/bitcoin-rejects-80k-as-sth-profit-taking-ramps-up-can-buyers-hold-75568/” title=”Bitcoin rejects $80K as STH profit-taking ramps up: Can buyers hold $75,568?”>Bitcoin and Ethereum attracted nearly $90 million in the week ended Aug. 21, led by XRP ($39.78M), Solana ($28.34M), Chainlink ($13.35M) and Hyperliquid ($3.89M), while spot Bitcoin and Ethereum funds pulled $1.92B and $697M respectively for a combined $2.61B. The inflows accompanied sharp token rallies (XRP ~+50% to $1.60, SOL ~+24% above $100, HYPE peak ~$82), extended multi-week institutional inflow streaks and a White House regulatory signal that added an adoption and policy catalyst for further fundraising and market participation.
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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.
Source: cryptorank.io