Solana and XRP ETFs Attract Institutional Inflows Amid Market Downturn

Institutional investors have continued to allocate capital to Solana and XRP exchange-traded products despite recent weakness in cryptocurrency markets. Canary's XRP ETF recorded $245 million in net inflows on its first trading day, setting a 2025 record for ETF launches across all asset classes, according to Farside Investors data. Bitwise's Solana fund added $12 million on November 14, bringing weekly inflows to $46 million without experiencing any outflows since its debut three weeks earlier.