Ripple and Solana ETFs Extend Green Streak to Ten Weeks
Ripple (XRP) ETFs have extended their green streak to ten weeks, with a new all-time high in total cumulative net inflows. The funds attracted nearly $19 million in two consecutive weeks before seeing inflows cut in half during the previous five-day trading period.
Despite this drop, XRP ETFs continued to receive investor interest, reaching a new ATH in cumulative net inflows at $1.720 billion on Wednesday. However, this figure dropped slightly to $1.710 billion by Thursday.
The Solana (SOL) funds have also been in the green for nearly three months and have been doing even better than their XRP counterparts. The SOL ETFs attracted over $11 million at the start of the week and continued to receive net inflows, ending the week with a total of $13.19 million.
It's worth noting that while the failure of the CLARITY Act didn't result in direct net outflows from XRP ETFs, investors still showed confidence in the funds, pouring $11.26 million into them on the day before the vote.