Institutional enthusiasm for major altcoins such as Solana, Cardano, Litecoin, and Sui has cooled sharply amid the prolonged delay of U.S. exchange-traded fund (ETF) approvals. The ongoing U.S. government shutdown has slowed regulatory decisions, driving capital away from non-Bitcoin assets. Consequently, investor sentiment toward altcoins has weakened, even as overall crypto market inflows remain strong, according to CoinShares’ latest fund flow report.
Institutional Flows Shift Toward Bitcoin Amid ETF Delays
CoinShares reported that altcoin inflows have declined substantially. Solana saw inflows of $29.4 million, while XRP registered $84.3 million, both sharply lower from early October peaks.
Solana had earlier hit a weekly record with $706.5 million in inflows, while XRP attracted $219.4 million, signaling a short-term cooling phase. Cardano posted $0.3 million in outflows, reversing $3.7 million of inflows in the previous week….
