Last week, investors showed a lot of interest in two cryptocurrencies, XRP and Solana (SOL). These digital currencies drew the highest investments when compared to other crypto products. XRP attracted $70.2 million, while Solana had $7.5 million of inflows.XRP is the cryptocurrency used on the XRP Ledger platform, a blockchain designed to make fast transactions. Solana, on the other hand, is a blockchain that allows smart contracts and decentralized apps, supported by the cryptocurrency SOL.
The strong interest in these two assets has been increasing since ETFs for them launched in the United States in October. ETFs (Exchange-Traded Funds) are investment funds that trade on stock exchanges and offer an easy way to invest in cryptocurrencies. Thanks to this interest, total investments have reached $1.14 billion for XRP and $1.34 billion for Solana.
This success is surprising because the overall crypto market is currently experiencing negativity, with prices falling and fewer large investments.
Challenges for Bitcoin and Ethereum
While XRP and Solana were gaining investments, Bitcoin and Ethereum were losing money last week. Bitcoin products, which are linked to the first-ever cryptocurrency created in 2009 (Bitcoin), saw $443 million of outflows. Ethereum, another major cryptocurrency designed for creating smart contracts and introduced in 2014 (Ethereum), lost $59.5 million over the same period.
Since ETFs for Bitcoin and Ethereum were launched, they have seen huge amounts of money flow out—$2.8 billion for Bitcoin and $1.6 billion for Ethereum.
Even multi-asset funds, which contain a mix of several cryptocurrencies, recorded a decrease. They lost $27.2 million last week. However, Chainlink, a decentralized blockchain network that helps blockchains communicate with external systems (Chainlink), attracted $2.1 million of investments.
The Bigger Picture for Digital Investments
In the larger view, all kinds of digital asset investment products are facing strong selling pressure. Last week, they recorded $446 million of outflows. This means more people are withdrawing their money than investing.
Since October 10, when crypto prices dropped sharply, total withdrawals have reached $3.2 billion. Investors are still cautious and hesitant to fully trust the market. However, if we look at the entire year, the picture is less negative. Total inflows (money invested) for 2025 have reached $46.3 billion, which is close to the $48.7 billion inflows seen in 2024.
This shows a somewhat balanced investment flow for the year. However, the increase in total assets under management—meaning the value of all investments being handled—has only been 10%. This indicates that even though people are investing money, many have not made big profits due to the overall market performance.
Regional Investment Patterns
Selling activity was observed in most regions, especially in the United States. In the U.S., investors withdrew $460 million from digital asset products last week. Switzerland (Switzerland), a country known for its financial sector, also experienced small losses of $14.2 million. Other countries seeing withdrawals included Sweden ($3.7 million), Canada ($2.9 million), and Brazil ($1 million).
Germany, however, stood out as an exception. Investors in Germany, the largest economy in Europe (Germany), added $35.7 million to digital assets during the week. Hong Kong also posted a modest gain of $0.9 million. Germany now leads in regional investments for the month, with $248 million invested.
Spot Market Movement
The crypto market tried to recover towards the end of 2025. Major cryptocurrencies briefly gained in value before their prices fell again.
Bitcoin reached above $90,000 but soon dropped to $87,603. Ethereum’s price rose to $3,051 but then slipped near $2,950. XRP showed some growth, hitting $1.91 before settling at $1.87. Meanwhile, Solana climbed to $129 but retreated near $123.
Although the market saw some positive movements, these gains didn’t last and seemed fragile.