Solana and XRP ETFs Surge: 20-Day Inflows and $164M Spike
Solana spot ETFs marked 20 straight days of net inflows, totaling $568 million and highlighting strong institutional demand. XRP spot ETFs also saw $164 million in a single day, signaling rising interest in regulated crypto investment products.
Spot Solana ETFs in the US have achieved a notable milestone, recording 20 consecutive days of net inflows since their launch in late October. On November 24, these funds attracted $57–58 million in new capital, with Bitwise leading at $39.5 million, followed by Fidelity, VanEck, and Grayscale. Total net inflows have reached approximately $568 million, and the six Solana ETFs now hold net assets of $843.81 million, representing about 1.09% of Solana's market capitalization. This sustained momentum highlights growing institutional and retail confidence in Solana as a maturing digital asset and a strategic diversification choice beyond Bitcoin and Ethereum. Analysts attribute the trend to Solana's strong performance, expanding developer ecosystem, and the appeal of staking-enabled ETF structures. Meanwhile, US XRP spot ETFs also saw significant activity, with four major funds collectively drawing $164 million in net inflows on November 24. Grayscale's GXRP led with $67.36 million, followed by Franklin, Bitwise, and Canary. These inflows underscore increasing mainstream acceptance and institutional interest in regulated digital asset investment vehicles, offering security, compliance, and simplified access through traditional brokerage platforms.