Interest in cryptocurrency-focused Exchange-Traded Funds (ETFs) is surging in the United States, particularly within the XRP and Solana 
$127 sectors. XRP-linked spot ETFs have amassed over $909 million in assets within a few weeks post-launch. Analyst Neil’s reports indicate that institutions have accumulated more than 400 million XRP through these products.
XRP ETFs Show Unprecedented Growth and 2026 Projections
Among the funds, Canary Capital’s XRPC holds the largest share with $351 million, followed by Bitwise’s XRP fund at $188 million, Grayscale’s GXRP at $139 million, Franklin Templeton’s XRPZ at $123 million, and REX-Osprey’s XRPR managing $108 million. Experts suggest that as traditional financial institutions show increasing interest in cryptocurrency, approvals for new ETFs are anticipated. Analysts emphasize the onset of an “institutional race,” projecting that 1 billion XRP could become locked in ETFs.
Ripple 
$2 CEO Brad Garlinghouse, at the Binance Blockchain Week event, expressed that 2026 would be a pivotal year for the cryptocurrency sector. Factors such as increased regulatory clarity in the U.S., rising demand from giants like BlackRock and Vanguard, growing ETF inflows, and expanding stablecoin use cases, according to Garlinghouse, demonstrate a strengthening market. Vanguard’s shift in policy from avoiding cryptocurrency also marks a transformation in institutional orientation.
Furthermore, the GENIUS Act and the broader Clarity Act, which define the framework for stable crypto assets in the U.S., are gaining momentum in Congress. Garlinghouse suggests a high possibility of legislative action within the first half of the year.
Solana ETFs See Withdrawal Despite Strong On-Chain Data
While these developments unfold, Solana ETFs present a contrasting scenario. U.S.-based spot Solana ETFs experienced the largest daily fund outflow to date, with a single-day exit of $32.19 million amidst a general market recovery. The entire outflow originated from 21Shares’ TSOL product, while other Solana ETFs saw limited inflows. TSOL has been the common factor in three significant withdrawals, previously recorded on November 26 and December 1.
Contrarily, on-chain data reveals a more positive underlying situation for Solana. Over the past month, more than $321 million of capital has accumulated on the network, most of which migrated from Ethereum 
$2,930. Analysts indicate a non-aggressive yet positive sentiment in derivative markets. Solana’s price continues a slight increase, trading around $142.
Another notable development is the launch of leveraged ETFs for XRP and Solana by REX Shares and Tuttle Capital. These products, traded on the CBOE, aim to double the daily movement of assets. However, increased liquidations since mid-October have kept risk appetite low.
In summary, the concurrently occurring dual scenario for XRP and Solana demonstrates that strategic portfolio adjustments by institutional investors are now a driving force in the crypto market. Progress on the regulatory front, the diversification of ETF products, and on-chain capital flows herald a new crypto order shaping towards 2026.
