Solana Staking ETF Hits $1 Billion, Outshines XRP Options

Bitwise's Solana Staking ETF has reached $1 billion in assets under management. This milestone is driven by its annual yield of 5.8% from staking. In contrast, XRP ETFs have yet to hit the $1 billion mark due to the lack of native staking and yield generation on the XRP Ledger.

XRP ETFs rely solely on spot demand, with multiple funds collectively accumulating $1.44 billion. However, their growth to $1 billion will depend on increased long-term investor interest, as they cannot compete with staking-backed products on yield.