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The ETF flow report for May 21 is in, and the rotation is real.
While Bitcoin and Ethereum saw net outflows, the spotlight shifted to altcoins and infrastructure plays.
Here's the breakdown:
BTC ETFs saw a net outflow of $100.9M.
ETH ETFs followed with a net outflow of $32.6M.
On the flip side, the inflows tell a different story:
SOL ETFs brought in $3.9M.
XRP ETFs saw a solid $8.88M inflow.
And HYPE (Hyperliquid) led the pack with a strong $16.1M inflow.
What does this mean? Capital is rotating away from the top two majors and into high-conviction altcoin narratives. Solana, XRP, and especially Hyperliquid are capturing fresh liquidity.
This isn't a market-wide panic. It's a strategic shift. Smart money is looking beyond BTC and ETH for the next leg of growth.
Keep your eyes on where the flows are going, not just where they're leaving.
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