Spot Ripple (XRP) ETFs Reach the End of an Era, Solana (SOL) Funds Can’t Catch a Break

The SOL ETFs have seen a single green day since October started. It feels like it was just a few weeks ago, because it was when our article on this topic had a whole different nuance to it. We were highlighting the major green streaks for the ETFs tracking both XRP and SOL, as they had reached local peaks in terms of net inflows. The reality today is quite different. On one side, the spot Ripple ETFs marked their first red week in months, while the Solana counterparts extended their outflow streak to ten consecutive days. XRP ETFs Break the Streak It was an all-out red week for the spot crypto ETFs, with the BTC and ETF funds bleeding by triple digits, as reported earlier. The financial vehicles tracking Ripple’s cross-border token began the business week with the same nonexistent pace as they finished the previous one – with $0.00 reportable net flows. The first notable activity took place on Wednesday, which was somewhat surprising given the hotter-than-expected inflation data released that day, and the funds attracted just over $740,000. Investors changed their tune on Thursday, pulling $104,510 out. The first and only multi-million transaction took place on Friday, with the net...