Altcoins See $435M Inflows Amid U.S. Shutdown Resolution Hopes

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Derived from AMBCrypto, Ethereum, Solana, and XRP experienced significant inflows last week as investors anticipate a resolution to the U.S. government shutdown and potential approval of altcoin ETFs. Ethereum saw $205 million in inflows, while Solana and XRP received $156 million and $73.9 million, respectively. CoinShares data shows a total of nearly $435 million flowing into these altcoins, driven by ETF speculation and regulatory optimism. Meanwhile, Bitcoin faced $946 million in outflows, with investors rotating into alternative assets. Analysts suggest that altcoins may be entering a breakout phase, with some investors turning to memecoins, DeFi, and gaming tokens.

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