$XRP ETFs Lag Behind Bitcoin, Ethereum, and Solana in $1 Billion Milestone

Bitwise CEO Hunter Horsley shed light on the lack of $1 billion dollar XRP ETFs, comparing it to Solana's success. The Bitwise Solana Staking ETF (BSOL) reached $1 billion in assets under management (AUM) just 10 months after its launch, largely due to a built-in annual yield of around 5.8% generated through staking directly within the regulated ETF.

Horsley noted on X that only Bitcoin, Ethereum, and Solana ETFs have crossed the $1 billion mark so far. When someone commented that this statistic looked biased against XRP, Horsley responded directly: 'I'm not! There's no $1B $XRP ETF yet!'

This remark exposed a fundamental technological barrier for XRP. Unlike Solana, the XRP Ledger has no native staking at all. All XRP tokens were issued upfront, and the blockchain simply cannot generate new tokens to pay staking rewards.