solana ETFs have $898 million of assets under management.
The supply of ETFs linked to solana and XRP amounts to 8 and 5, respectively.
XRP-linked exchange-traded funds (ETFs) have surpassed solana (SOL) in assets under management “in the Wall Street marathon.” This, despite the fact that solana instruments debuted previously.
XRP ETFs register 1,101 million dollars in assets under managementwhich represents an advantage of $203 million compared to the $898 million of the solana ETFs.
This advance consolidates XRP as the digital asset with the largest institutional capture in this new generation of products. The cryptocurrency gained momentum almost two years after the launches of the bitcoin (BTC) and ether (ETH) ETFs during 2024.
Currently, the market has eight ETFs focused on solana, introduced in stages since the end of October, as reported by CriptoNoticias. Among the fund managers are Franklin Templeton, Bitwise and Grayscale, among others. These signatures accumulate 1.28% of the circulating supply of solana, of a total of 532 million units.
For their part, the five XRP ETFs on the market, launched since November by the same main firms, have accumulated the equivalent of 0.98% of the circulating supply of the cryptocurrency. In total it amounts to 60,000 million units.
The highlight is the speed of capital inflows into XRP funds, which The 1,000 million dollars arrived in just 22 business days. All this while those from solana have accumulated 711 million since the beginning of their operations at the end of October.
The chart below shows, day by day, how capital flows have been to or from the SOL and XRP ETFs.
Despite the entry of stock market capital, The prices of both assets have not responded with increases. In the last week, XRP has fallen by 7% and solana by 3.4%.
This disconnection is due to the still limited size of these ETFs in relation to the total capitalization of each asset. A situation that restricts its direct influence on the price.