PANews, February 23: According to SoSoValue data, during the previous trading week (February 16–20, Eastern Time), SOL spot ETFs recorded a net inflow of $14.31 million. The SOL spot ETF with the highest weekly net inflow was Bitwise’s BSOL, which saw a net inflow of $11.72 million; BSOL’s cumulative historical net inflow now stands at $694 million. Second was Fidelity’s FSOL, with a weekly net inflow of $1.46 million; FSOL’s cumulative historical net inflow has reached $160 million. As of the time of reporting, the total net asset value (NAV) of all SOL spot ETFs is $737 million, with an ETF asset ratio (market value as a percentage of SOL’s total market cap) of 1.53%. Historical cumulative net inflows have reached $889 million. Additionally, during the previous trading week (February 16–20, Eastern Time), XRP spot ETFs recorded a net inflow of $1.8446 million. The XRP spot ETF with the highest weekly net inflow was Bitwise’s XRP, with a weekly inflow of $2.5213 million; XRP’s cumulative historical net inflow now stands at $364 million. Second was Franklin’s XRPZ, with a weekly net inflow of $1.5296 million; XRPZ’s cumulative historical net inflow has reached $330 million. The XRP spot ETF with the highest weekly net outflow was Grayscale’s GXRP, with a weekly outflow of $2.2062 million; GXRP’s cumulative historical net inflow stands at $129 million. As of the time of reporting, the total net asset value (NAV) of all XRP spot ETFs is $1.02 billion, with an ETF asset ratio (market value as a percentage of XRP’s total market cap) of 1.18%. Historical cumulative net inflows have reached $1.23 billion.
SOL and XRP spot ETFs recorded net inflows of $14.31 million and $1.84 million, respectively.
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Summary
ETF news highlights strong performance for SOL and XRP spot ETFs during the week of February 16–20 (EST). SOL spot ETFs attracted a net inflow of $14.31 million, led by Bitwise’s BSOL with $11.72 million and Fidelity’s FSOL with $146,000. XRP spot ETFs recorded a net inflow of $1.84 million, with Bitwise’s XRP ETF and Franklin’s XRPZ ETF leading the way. However, Grayscale’s XRP Trust (GXRP) experienced a net outflow of $220,620. Bitcoin ETF developments remain a primary focus for market participants.
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