Why XRP ETFs Are Pulling in More Money Than Solana ETFs Despite the Price Lag
Briefly

Why XRP ETFs Are Pulling in More Money Than Solana ETFs Despite the Price Lag
XRP spot ETFs have accumulated $1.39 billion in inflows since launching in November 2025, while Solana spot ETFs have gathered $1.12 billion since debuting in October 2025. The inflow gap persists despite XRP being down 39% from its July 2025 peak and Solana generally outperforming XRP on price. XRP has shown more consistent positive net-flow streaks, including a 13-day run in early December 2025 and an April period with $81.6 million inflows and a 14-day streak. Solana’s April inflows were $38.69 million, down sharply from $419 million in November, though May inflows have rebounded. Solana ETF inflows are concentrated in Bitwise’s BSOL, which accounted for about 92% of a strong week’s inflows, increasing category risk if sentiment shifts. XRP inflows are spread across five funds, reducing single-product concentration risk.
"XRP spot ETFs have pulled in $1.39 billion since launching in November 2025, while Solana spot ETFs have attracted $1.12 billion since their October 2025 debut. That gap in ETF funding between the two cryptos has held even though XRP is down 39% from its July 2025 peak. Solana has also outperformed XRP on price for the most of this year."
"XRP ETFs ran a 13-day stretch of positive net flows in early December 2025, surpassing Solana's $618.59 million cumulative inflow total in just 13 trading days. That early momentum established a pattern that has held into 2026. XRP posted $81.6 million in April inflows along with a 14-day inflow streak, bringing year-to-date inflows to roughly $124 million by the end of April."
"Solana added $38.69 million in April, less than half of XRP's monthly figure. Solana's monthly inflows dropped from $419 million in November 2025 to that $38.69 million April figure. But the trend is reversing in May as Solana has posted over $99 million after 19 trading days while XRP follows closely at $95 million."
"Solana's ETF inflows are heavily concentrated in a single product. In its strongest recent week, Bitwise's BSOL accounted for $36 million of the category's $39.23 million in total inflows—roughly 92%. That concentration creates risk. If sentiment around BSOL weakens or Bitwise loses its fee advantage, Solana ETFs as a category could see extended outflows. XRP's setup looks different because inflows spread across five funds—Canary Capital's XRPC, Grayscale's GXRP, Franklin Templ"
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