The cryptocurrency business has been about hitting new milestones in 2025, with the futures-based Solana and XRP ETFs (exchange-traded funds) among the many newest to achieve new achievements. In keeping with the newest market knowledge, the SOL and XRP ETFs have reached $1 billion in whole capital inflows since their launch earlier. This feat comes on the again of rumors that the world’s largest asset supervisor, BlackRock, may look to launch a spot XRP-based exchange-traded fund.
SOL & XRP Futures ETFs Hit New Milestone
In an August 9 publish on the X platform, the president of The ETF Retailer, Nate Geraci, revealed that the futures-based Solana and XRP ETFs have attracted over $1 billion in capital since launch. These crypto-linked funding merchandise began buying and selling in america about 5 months in the past—round March (for SOL ETF) and April (for XRP).
For context, futures-based exchange-traded funds are a sort of funding product that holds the futures contracts of an asset. A futures contract is a monetary instrument that enables an investor to purchase an asset at a predetermined worth on a predetermined date.
In March 2025, Volatility Shares launched the first-ever Solana exchange-traded funds in america. The agency rolled out two merchandise on the time: Volatility Shares’ Solana fund, which replicates the efficiency of Solana futures, and the 2x SOL ETF that provides double-leveraged publicity.
Whereas Teucrium launched the primary US-based XRP ETF (a 2x leveraged fund) in April, Volatility Shares supplied the primary non-leveraged futures-based XRP exchange-traded fund in Might. As proven within the chart beneath, each the SOL and XRP ETFs had posted solely modest month-to-month performances up till July—the place they every posted roughly $350 million in capital inflows.
Supply: @NateGeraci on X
Geraci famous that these figures embrace REX-Osprey’s Solana staking exchange-traded fund, which boasts as much as $150 million in property below administration. In keeping with the ETF professional, this efficiency proves that there can be demand for spot SOL and XRP ETFs.
Skilled Doubles Down On BlackRock’s Software For SOL And XRP ETFs
It’s value mentioning {that a} slew of functions from varied asset managers are awaiting approval from america Securities and Trade Fee (SEC) to launch Solana and XRP ETFs. As reported by Bitcoinist, BlackRock has indicated that it at the moment has no plans to hitch the race for spot Solana and XRP ETFs.
In a second publish on X, Geraci reiterated his perception that BlackRock can be trying to develop its crypto ETF portfolio. “And I’m being instructed BlackRock doesn’t need a piece of this?” the ETF professional mentioned, referring to the eye being loved by the future-based model of the XRP exchange-traded fund.
The value of XRP on the day by day timeframe | Supply: XRPUSDT chart on TradingView
Featured picture from Pexels, chart from TradingView
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