Altcoins Rise as Bitcoin Falls: Gorky’s Take!

by

While the titans of crypto, Bitcoin and Ether, weep tears of blood over their ETF outflows, two rebellious altcoins-Solana 🐍 and XRP 🦴-stand tall, defying the market’s red tide. A marvel, truly! 🤯

Despite the chaos, these ETFs have not once shed a single drop of outflow since their birth, a rarity in this sea of despair. A beacon of hope, or just a fleeting spark? 🌟

The inflows? Oh, they’re pouring in like a drunken sailor at a tavern! Solana’s ETFs have gobbled up $500 million, while XRP’s have swallowed $410 million. A feast for the bold! 🍽️

Meanwhile, Bitcoin and Ether are the tragic heroes of this tale, weeping over their multi-week outflow streaks. But here come the newcomers, whispering, “We’ve got your back, bro.” 🤝

On Thursday, Bitwise launched its XRP ETF with the flair of a pirate’s treasure. $105 million in its first day? A gold rush! 🏴‍☠️

Canary’s XRPC added another $12.8 million, making the day’s total a cozy $118 million. A party, really! 🎉

Canary’s CEO, ever the sportsman, cheered Bitwise on, saying, “We’re rooting for you, even though we’re rivals. It’s a small world after all.” 🤡

Canary’s XRPC holds the crown for the biggest XRP ETF inflow day-$243 million on Nov. 14. A record, indeed! 🏆

Solana’s ETFs, too, are the underdogs with a grin, raking in millions daily. A resilient bunch, they are! 💪

SOL ETFs pulled in between $8.26 million and $55.61 million this week. A rollercoaster, but they’re still grinning! 🎢

But here’s the twist: the actual SOL and XRP tokens are in a tailspin! Solana’s down 32.5% this month, and XRP? A 21.2% plunge. The irony! 😂

Yet, XRP’s yearly chart tells a different story-up 49.9%! A paradox, if ever there was one. 🌀

Read More

2025-11-21 16:46