Crypto
XRP Beats Solana in ETF Inflows Despite Recent Strong Demand for SOL
XRP's ETF net assets rose by 80% in Q3 to an all-time high of $1.77 billion, according to Bitwise CIO Matt Hougan.
Hougan attributes this growth to two key factors: XRP's track record and its use cases that advisers already understand.
XRP offers a tangible solution for cross-currency liquidity and stablecoins, giving financial advisers more confidence in the asset.
Despite XRP's growth, Solana ETFs pulled in stronger recent demand, attracting $469.09 million over 11 weeks ending September 25, compared to XRP's $306.41 million.