Solana ETFs surpass XRP products in assets after eight straight inflow days

  • Solana ETFs surpassed XRP products in total net assets after eight consecutive inflow days.
  • $253.98 million entered SOL funds during the eight-day period, versus $83.63 million for XRP products.
  • SOL ETFs held $1.906 billion in assets and had $1.606 billion in cumulative inflows.

Solana ETFs surpassed XRP products in total net assets after eight consecutive days of inflows, extending a shift in investor demand toward SOL exposure. SOL funds reached $1.906 billion as of Oct. 1, compared with $1.69 billion for XRP ETFs, after attracting $253.98 million during the eight-day period. XRP products drew $83.63 million. Solana ETFs also led over the past 30 days, recording $255.51 million in investment versus $111.09 million for XRP products. SOL’s price rose from about $97 to $122, while XRP climbed from $1.29 to $1.53. As of Oct. 2, SOL ETF assets equaled about 2.74% of Solana’s $71.77 billion market capitalization, compared with 1.79% of XRP’s $96.94 billion market capitalization. Cumulative SOL ETF inflows stood at about $1.606 billion, close to XRP’s $1.79 billion. Bitwise led both markets, with BSOL holding about $1.22 billion and its XRP fund holding approximately $621.9 million. The next closely watched milestone is whether SOL products can overtake XRP in cumulative inflows.

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Solana ETFs surpass XRP products in assets after eight straight inflow days - CoinPost Terminal