Solana ETF assets surpass XRP as recent inflows accelerate

  • Solana funds received $12.70 million in Sept. 28 net inflows, compared with XRP's $3.96 million.
  • Solana funds held $1.93 billion in assets, exceeding XRP funds' $1.68 billion.
  • XRP funds retained $1.80 billion in cumulative inflows, versus $1.62 billion for Solana.

U.S. Solana funds attracted $12.70 million in net inflows on Sept. 28, more than three times the $3.96 million received by XRP spot ETFs, extending Solana's lead in recent fund demand. Over 30 days, Solana products collected $278.20 million, compared with $127.05 million for XRP, while Solana fund assets reached $1.93 billion versus $1.68 billion for XRP. XRP retained a narrow cumulative-inflow lead at $1.80 billion, compared with $1.62 billion for Solana, although the newer figures indicate that gap has narrowed from the approximately $1.79 billion previously reported for XRP. Solana has nine funds versus five for XRP, and its products account for 2.72% of SOL's $70.69 billion market capitalization, compared with 1.76% for XRP, whose market capitalization was $95.47 billion. SOL rose from about $75 in early August to $119.81 after moving above its 200-day moving average near $95, while XRP's Sept. 28 ETF inflow remained concentrated entirely in Canary Capital's XRPC.

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