XRP and Solana emerged as the top altcoin-based exchange-traded product (ETP) inflows in India for the week ending March 21, according to digital asset investment firm CoinShares. XRP saw inflows of $6.71 million, while Solana recorded $6.44 million. Other altcoins like Polygon (MATIC) received $400,000 in inflows, and Chainlink (LINK) added $200,000. However, Ethereum (ETH) experienced significant outflows of $86 million, affecting overall altcoin sentiment. Despite this, digital assets collectively saw net inflows of $644 million, with Bitcoin (BTC) leading the recovery with $724 million in inflows. The majority of these inflows came from the US, driven by BlackRock’s iShares Bitcoin Trust (IBIT). Positive sentiment extended to other regions like Switzerland, Germany, and Hong Kong. Solana and XRP stood out among altcoins, with Solana potentially introducing its first futures exchange-traded funds (ETF) in the US market. Meanwhile, XRP benefited from the SEC’s dismissal of its lawsuit against Ripple Labs. The approval of futures-based ETFs for Bitcoin raised controversy over the SEC’s rejection of spot Bitcoin ETFs, but a lawsuit by Grayscale challenged this inconsistency. Ultimately, these developments could pave the way for the approval of spot Bitcoin ETFs.<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP and Solana emerged as the top altcoin-based exchange-traded product (ETP) inflows in India for the week ending March 21, according to digital asset investment firm CoinShares. XRP saw inflows of $6.71 million, while Solana recorded $6.44 million. Other altcoins like Polygon (MATIC) received $400,000 in inflows, and Chainlink (LINK) added $200,000. However, Ethereum (ETH) […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/81668"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=81668"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/81668\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=81668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=81668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=81668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}