XRP and SOL ETFs See Surge in Inflows as Investors Flock to Cryptocurrencies
XRP and Solana (SOL) exchange-traded funds (ETFs) have seen significant inflows in recent weeks, with XRP ETFs attracting $75.89 million in a single week.
This marks the best weekly performance for XRP ETFs in a month and brings their cumulative net inflows to an all-time high of $1.79 billion.
The Bitwise XRP fund remains the top performer with cumulative net inflows of $677 million, followed by Franklin's XRPZ at $501 million and Canary Capital's XRPC at $489.37 million.
Solana (SOL) ETFs have also seen a significant surge in interest, with investors pouring in $188.22 million in a week, the second-best ever since their inception nearly a year ago.
The total net inflows for SOL ETFs have rocketed to a new all-time high of $1.61 billion, with Bitwise's SOL ETF leading the charge at $1.22 billion.