The post Solana, Cardano, Litecoin, Sui ETFs Delay Wipe Out Institutional Interest: CoinShares appeared on BitcoinEthereumNews.com. Institutional investors’ interest in altcoins has almost completely wiped out due to the delay in the U.S. SEC’s decision on multiple exchange-traded funds due to the prolonged U.S. government shutdown. A crypto funds flow report revealed massive outflow from altcoins, including Solana, Cardano, Litecoin, and Sui. Institutions Lose Interest in Solana, Cardano, Litecoin, Sui Flows in Solana and XRP have cooled in the run-up to the US ETF launches, with $29.4 million and $84.3 million, respectively, CoinShares reported on October 27. This happens as the U.S. SEC missed final decisions on multiple ETFs amid the government shutdown. Crypto Funds Flows. Source: CoinShares Early October, Solana broke its weekly record, seeing inflows of $706.5 million. Whereas, XRP saw substantive inflows of $219.4 million. In the previous weekly report CoinShares highlighted $156.1 million inflows into Solana and $73.9 million inflows into XRP, indicating cooling inflows amid no signs of end of the government shutdown. Cardano saw $0.3 million outflows, reversing from $3.7 million inflows in prior week. Sui saw $8.5 million outflow as compared to $5.9 million inflows in previous week. Altcoins such as Chainlink, Litecoin, among others recorded waning capital inflows from investors amid delays in ETF. Crypto Funds Record $921 Million in Inflows Crypto funds saw $921 million in inflows, as investor confidence improved after lower-than-expected US CPI data. Buying in the United States and Germany supported a rise in total assets under management (AuM) to $229.65 billion, with trading volume remained strong with $39 billion. Bitcoin saw inflows of $931 million to bring the cumulative inflows since the Fed rate cut to $9.4 billion. Investors awaits another 25 bps rate cut this week, which can make markets volatile. BTC price has rebounded above $116K today amid growing optimism on the US-China trade deal. Meanwhile, Ethereum recorded an outflow of… The post Solana, Cardano, Litecoin, Sui ETFs Delay Wipe Out Institutional Interest: CoinShares appeared on BitcoinEthereumNews.com. Institutional investors’ interest in altcoins has almost completely wiped out due to the delay in the U.S. SEC’s decision on multiple exchange-traded funds due to the prolonged U.S. government shutdown. A crypto funds flow report revealed massive outflow from altcoins, including Solana, Cardano, Litecoin, and Sui. Institutions Lose Interest in Solana, Cardano, Litecoin, Sui Flows in Solana and XRP have cooled in the run-up to the US ETF launches, with $29.4 million and $84.3 million, respectively, CoinShares reported on October 27. This happens as the U.S. SEC missed final decisions on multiple ETFs amid the government shutdown. Crypto Funds Flows. Source: CoinShares Early October, Solana broke its weekly record, seeing inflows of $706.5 million. Whereas, XRP saw substantive inflows of $219.4 million. In the previous weekly report CoinShares highlighted $156.1 million inflows into Solana and $73.9 million inflows into XRP, indicating cooling inflows amid no signs of end of the government shutdown. Cardano saw $0.3 million outflows, reversing from $3.7 million inflows in prior week. Sui saw $8.5 million outflow as compared to $5.9 million inflows in previous week. Altcoins such as Chainlink, Litecoin, among others recorded waning capital inflows from investors amid delays in ETF. Crypto Funds Record $921 Million in Inflows Crypto funds saw $921 million in inflows, as investor confidence improved after lower-than-expected US CPI data. Buying in the United States and Germany supported a rise in total assets under management (AuM) to $229.65 billion, with trading volume remained strong with $39 billion. Bitcoin saw inflows of $931 million to bring the cumulative inflows since the Fed rate cut to $9.4 billion. Investors awaits another 25 bps rate cut this week, which can make markets volatile. BTC price has rebounded above $116K today amid growing optimism on the US-China trade deal. Meanwhile, Ethereum recorded an outflow of…