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Last week, the performance of SOL spot ETFs was quite interesting. Bitwise's BSOL entered over $33.9 million that week, with total net inflows reaching $767 million, indicating that institutional investors' interest in Solana remains quite stable. Invesco & Galaxy Digital's QSOL also saw a slight inflow that week, although the size wasn't large, this type of diversified crypto asset ETF product line is indeed gradually improving.
However, Fidelity's FSOL experienced a net outflow of over $10 million that week, which was a bit surprising. So far, the total assets of SOL spot ETFs are approximately $807 million, accounting for nearly 1.66% of SOL's total market cap, with cumulative net inflows reaching $958 million.
In comparison, XRP spot ETFs were a bit quiet that week, with net outflows of over $4 million. It seems that market enthusiasm for XRP is not as high as for SOL at the moment, which also reflects the different priorities of assets in institutional allocations.