Ethereum Bleeds $352M as Solana and XRP Steal the Spotlight in Major Crypto Shift

Money's talking—and it's walking right out of Ethereum's door.

While the king of smart contracts watches outflows mount, rivals are seizing the moment.

Solana and XRP are raking in the attention—and likely the capital—as investors hunt for greener pastures (or faster transactions).

Let's be real: in crypto, loyalty lasts as long as the last pump. And right now, Ethereum isn't the one pumping.

Some traders are clearly betting that the future is multi-chain—or just chasing the next shiny thing.

Classic finance mentality: panic out, FOMO in. Maybe they’ll finally learn that portfolios aren’t built on hype alone.

Ethereum outflows dominate

While Bitcoin products managed to pull in $524 million last week, the overall market picture was dominated by Ethereum’s struggles.

According to CoinShares, investors removed $912 million from ETH-linked products, extending a pattern of daily withdrawals across multiple issuers for seven consecutive days.

This setback reflects the slowing sentiment surrounding the digital asset, even as its inflows for the year remain robust at $11.2 billion.

In contrast, other major altcoins, such as XRP and Solana, continued to attract steady interest, showing that institutional investors’ appetite remains large for these products.

During the reporting period, solana logged $16.1 million in weekly inflows, marking its 21st straight positive week and bringing the year’s total to $1.16 billion. Conversely, XRP-focused funds added $14.7 million in fresh capital, pushing their 2025 inflows to $1.22 billion.

Analysts LINK this consistent activity to speculation surrounding the eventual approval of spot ETFs tied to both assets. Notably, Bloomberg analysts have assigned an over 90% chance of this happening.

US investors lead market redemption

Across the regions, capital movements varied as US investors led redemptions in the market.

According to CoinShares, the US led global outflows with $440 million, while Sweden and Switzerland posted $13.5 million and $2.7 million in redemptions.

At the same time, Germany topped the inflow chart with $85.1 million, followed by Hong Kong with $8.1 million. Investors in Canada, Brazil, and Australia also added modest contributions of $4.1 million, $3.5 million, and $2.1 million, respectively.