XRP and Solana futures ETFs see $1 billion inflows
The crypto exchange-traded funds (ETFs) market continues to smash records, with unprecedented demand recorded in the past couple of months. Futures-based Solana (SOL) and XRP ETFs, for instance, have seen over $1 billion in total inflows since their debut in March and April, respectively, as suggested by recent data provided by FactSet . XRP and SOL ETF flows. Source: FactSet The milestone comes just months after the funds’ debut in the U.S., as speculations about a potential BlackRock XRP ETF continue to mount. Crypto futures ETFs beat all expectations The first U.S. Solana futures ETF was launched by Volatility Shares in March. XRP made its way to the market a month later, with Teucrium’s 2x leveraged fund, followed by Volatility’s non-leveraged futures product in May. In July, both assets saw around $350 million in inflows. Recently, ETF Store president Nate Geraci argued that strong futures demand could lead to BlackRock vying for a share of...