Solana ETF hits $1B, highlighting XRP's challenge without staking rewards.
Bitwise's Solana Staking ETF reached $1 billion in assets under management, driven by its 5.8% annual yield from staking. In contrast, XRP ETFs have yet to hit the billion-dollar mark due to the XRP Ledger's lack of native staking and yield generation. XRP ETFs rely solely on spot demand, accumulating $1.44 billion collectively but spread across multiple funds. The growth of XRP ETFs to $1 billion will depend on increased long-term investor interest, as they cannot compete with staking-backed products on yield.
Bitwise's Solana Staking ETF reached $1 billion in assets under management, driven by its 5.8% annual yield from staking. In contrast, XRP ETFs have yet to hit the billion-dollar mark due to the XRP Ledger's lack of native staking and yield generation. XRP ETFs rely solely on spot demand, accumulating $1.44 billion collectively but spread across multiple funds. The growth of XRP ETFs to $1 billion will depend on increased long-term investor interest, as they cannot compete with staking-backed products on yield.
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