XRP and Solana ETFs Attract Capital Despite Broader Risk-Off Trend
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Despite widespread outflows from crypto ETPs, XRP and Solana products continue to buck the trend. Last week, XRP ETPs attracted $70.2 million, while Solana products added $7.5 million, according to CoinShares data.
Notably, XRP ETFs have not recorded a single outflow day since launch, and Solana ETFs have seen outflows on just three days. Since debuting in mid-October, XRP ETFs have pulled in over $1 billion in net inflows, while Solana ETFs have accumulated roughly $750 million.
This divergence suggests a clear rotation of capital, rather than a broad exit from crypto exposure. Investors appear increasingly focused on newer narratives and assets with perceived upside, instead of allocating broadly to Bitcoin and Ether.