Futures-Based Solana and XRP ETFs Surpass $1B Inflows Amid Spot ETF Hopes

Futures-based SOL and XRP ETFs surpassed $1B in inflows, showing strong investor demand since March and April 2025.
The Teucrium 2X Long Daily XRP ETF has reached $160M AUM, reflecting consistent demand for leveraged XRP exposure.
SOL and XRP ETFs saw $350M in inflows during July 2025, signaling growing confidence in crypto-linked financial products.
October 2025 remains a crucial deadline for potential spot ETF applications for SOL and XRP, as market discussions intensify.

Futures-based Solana (SOL) and XRP exchange-traded funds (ETFs) have exceeded $1 billion in total inflows, signaling increasing investor interest in these crypto-linked products. This surge in capital comes just months after the ETFs’ launches, with both Solana and XRP futures ETFs performing well in the market.

As the success of these products continues, speculation is growing about the potential approval of spot ETFs for both assets in the near future, particularly as the deadline for filings approaches in October.

Strong Start for Futures-Based Solana and XRP ETFs

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Since launching earlier in 2025, futures-based ETFs for both Solana and XRP have shown strong growth. Solana’s ETF, introduced in March, was followed by the XRP ETF in April. The REX-Osprey Solana Staking ETF, for example, has accumulated roughly $150 million in assets under management (AUM).

Meanwhile, the Teucrium 2X Long Daily XRP ETF (XXRP) has reached an AUM surpassing $160 million, demonstrating steady investor demand.In July, both the SOL and XRP ETFs experienced a significant rise in inflows, with each product bringing in approximately $350 million during that period.

Head of U.S. Business at 21Shares @Fede_Brokate
"Our XRP and our Solana ETFs crossed $1 Billion in assets this year out of Europe…You can only imagine what that will look like in the US once those products are approved" pic.twitter.com/cxBY4tjTro
— Digital Asset Investor (@digitalassetbuy) August 10, 2025

This rapid growth suggests that there is growing investor confidence in cryptocurrency-based financial products that are regulated, even though these ETFs do not offer direct exposure to the underlying digital assets.

Market Expectations and Spot ETF Speculation

The success of the futures-based ETFs has fueled hopes that a spot ETF for SOL and XRP could be approved soon. Industry experts believe that the strong performance of futures products may serve as a stepping stone toward the approval of spot ETFs. “The performance of these futures ETFs could help pave the way for a spot ETF,” said one analyst. While discussions around the potential approval of these spot ETFs are ongoing, many market participants are closely watching BlackRock’s involvement.

Despite rumors that BlackRock had dismissed plans for SOL and XRP ETFs, industry analyst MartyParty has refuted such claims, labeling them as “fake news.” He reiterated that spot ETF products for these cryptocurrencies are still under consideration and that the October filing deadline remains a key date for any formal applications.

The future of spot ETFs for Solana and XRP hinges on regulatory decisions, and while many remain optimistic, the exact timeline remains uncertain. The continued success of the futures ETFs is likely to keep discussions active and could be a critical factor in securing approval for spot ETFs in the coming months.

Investor Sentiment and the Path Forward

The quick accumulation of capital into Solana and XRP ETFs demonstrates the strong appetite for diversified cryptocurrency investment products in regulated markets. Investors seem eager to gain exposure to the price movements of these digital assets through ETFs, even without directly holding them. The ongoing demand suggests that cryptocurrency-based ETFs are becoming more accepted in the mainstream financial market.

As the approval deadline for potential spot ETFs approaches in October, the outlook for these products remains a topic of keen interest. The debate will likely continue to evolve as more data emerges about the performance of existing futures-based ETFs and the broader market dynamics surrounding cryptocurrency regulation.

The next few months could be crucial in determining whether spot ETFs for Solana and XRP will join the growing list of approved cryptocurrency investment vehicles.

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