U.S. XRP, Solana spot ETFs record net inflows

Doohyun Hwang

Summary

It reported that in the U.S. spot digital asset ETF market, XRP (XRP) and Solana (SOL) ETFs both recorded net inflows.
While Bitcoin and Ethereum spot ETFs showed net outflows, altcoin ETFs continued to see robust demand.
It said the cumulative net inflows for the XRP ETF and the Solana ETF were $887.12 million and $623.21 million, respectively.

In the U.S. spot digital asset (cryptocurrency) ETF market on the 4th (local time), both XRP (XRP) and Solana (SOL) products recorded net inflows. While Bitcoin and Ethereum spot ETFs showed concurrent net outflows, altcoin ETFs continued to see solid demand.

According to data from SosoValue, U.S.-listed XRP spot ETFs saw total net inflows of $12.84 million on the day.

By asset manager, Franklin's XRPZ recorded the largest inflow at $5.70 million; Bitwise's XRP ETF (XRP) had $3.76 million, and Grayscale's GXRP saw $2.04 million. Canary Capital's XRPC also showed a net inflow of $1.34 million. The cumulative net inflows for XRP ETFs were $887.12 million.

Solana spot ETFs also received total net inflows of $4.59 million on the same day. Bitwise's BSOL had $0.73 million, Grayscale's GSOL $1.54 million, and Fidelity's FSOL $2.05 million in net inflows, respectively. The cumulative net inflows for Solana ETFs were $623.21 million.

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