Solana and XRP-backed Exchange Traded Funds (ETFs) have been launched, attracting significant interest from institutional investors despite a downturn in the cryptocurrency market. These launches signal a growing acceptance of digital assets within regulated markets, but short-term price fluctuations remain a factor. 22 billion XRP could be transferred through these ETFs annually, according to Bitwise Asset Management and Canary Capital’s launch, which aims to integrate cryptocurrencies into existing financial systems. While record trading volumes reflect strong institutional involvement, the market is still experiencing downward pressure. Experts suggest the current price volatility could signal short-term supply constraints for XRP and Solana assets. The launches signify a significant milestone in capital markets integration for digital assets.