Analysts: Altcoin ETF demand exists but lacks sustained trend
Analyst Edgy (The DeFi Edge) noted that while Bitcoin and Ethereum ETFs saw significant inflows in August, interest in SOL, XRP, and HYPE ETFs fluctuated sharply. Weekly net inflows for these altcoin ETFs dropped significantly by early September, suggesting that demand has not yet solidified into a consistent, long-term trend.
Summaries are written by AI from the original article. Not investment advice.