Crypto ETF Market Booms: XRP & ETH Surge As Solana Sees First Outflow

A wave of investor interest surged into cryptocurrency exchange-traded funds (ETFs) as Bitcoin, Ethereum, and XRP ETFs recorded strong inflows on November 26th. This significant surge suggests growing institutional confidence in these cryptocurrencies. In contrast, Solana (SOL) saw its first net outflow since launch, potentially signaling a shift in market sentiment. Notably, Ethereum led the pack with over $60 million in inflows, indicating continued investor faith in ETH’s long-term potential amidst discussions about major Ethereum upgrades and wider ecosystem developments. Bitcoin followed closely with $21 million in inflows, reflecting the enduring trust in the digital gold narrative. XRP also saw impressive inflows of $21 million, demonstrating growing interest within the Ripple ecosystem as regulatory clarity gains traction in the U.S. . However, Solana’s ETFs experienced a rare dip in inflows for the first time since launch, possibly indicating short-term profit-taking or a broader market reevaluation of SOL’s current valuation after its recent price surge. While the drop is significant, SOL remains a top performer this year.