XRP Leads Altcoin Fund Flows as Ethereum Posts Weekly Outflows
XRP investment products drew $2.91 million in inflows, while Ethereum saw $27.5 million in outflows and Bitcoin accounted for most of the $230 million weekly total.
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Terms & Concepts
Fund inflows: Net money entering an investment product over a set period, often used to gauge investor demand.
Altcoin: A cryptocurrency other than Bitcoin, commonly used to describe assets such as XRP and Ethereum.
Outflows: Net money leaving an investment product, which can indicate weaker investor sentiment or profit-taking.