While interest in crypto-focused exchange traded funds (ETFs) is increasing in the USA, corporate activity, especially on the XRP and Solana side, creates a remarkable picture in the market. Five spot ETFs tied to XRP reached a combined assets under management of over $909 million just a few weeks after their launch. According to analyst Neil’s reports, institutions have accumulated more than 400 million XRP through these products.
Record Portfolio Growth in XRP ETFs and 2026 Expectations
While Canary Capital’s XRPC product has the largest share among the funds with a volume of $351 million, Bitwise’s XRP fund manages $188 million, Grayscale’s GXRP manages $139 million, Franklin Templeton’s XRPZ manages $123 million and REX-Osprey’s XRPR manages $108 million. According to experts, as traditional financial institutions’ interest in crypto increases, new ETF approvals are on the way. Analysts highlight the beginning of an “institutional race” in which 1 billion XRP will be locked in ETFs.
Ripple 
$2.01 CEO Brad Garlinghouse, in his statements at the Binance Blockchain Week event, said that 2026 will be a breakthrough year for the crypto industry. Increasing regulatory clarity in the US, demand from giants such as BlackRock and Vanguard, increasing ETF inflows and the expansion of stablecoin usage areas show that the market is strengthening, according to Garlinghouse. Vanguard’s change of its long-held “stay away from crypto” policy also marks a transformation in corporate orientation.
In addition, the fact that the GENIUS Act, which determines the framework of stable crypto assets in the USA, and the more comprehensive Clarity Act are gaining momentum in Congress show that clarification on the regulation side will accelerate. Garlinghouse states that it is likely to become law in the first half of the year.
Sharp Outflows in Solana ETFs, Strong Trend in On-Chain Data
While these developments were taking place, the opposite picture emerged on the Solana ETFs side. In the US, spot Solana ETFs suffered their largest fund loss ever, with outflows of $32.19 million in a single day as an overall recovery in the crypto market continued. While all of the outflow came from 21Shares’ TSOL product, there were limited inflows into other Solana ETFs. TSOL has become the common point of a total of three major pullbacks, with previous breakouts on November 26 and December 1.
However, on-chain data shows that the situation is more positive on Solana’s basis. More than $321 million capital has accumulated on the network in the last month, and most of it is Ethereum 
$2,804.64Moved from . Analysts state that the non-aggressive but positive trend continues in derivative markets. On the price side, Solana maintains its slight increase by trading at $142.
Another notable development during this period was that REX Shares and Tuttle Capital launched leveraged ETFs for XRP and Solana. These products, traded on the CBOE, aim to double the daily movement of assets. However, risk appetite remains low due to increasing waves of liquidations since mid-October.
In summary, this two-way picture experienced simultaneously on the XRP and Solana side shows that the strategic portfolio adjustments of institutional investors have now become a decisive force in the crypto market. Advances on the regulatory front, diversification of ETF products and on-chain capital movements herald the new crypto order taking shape towards 2026.
