The crypto world is booming in 2025, and Solana (SOL) and XRP exchange-traded funds (ETFs) are a big part of the story. These funds have just hit a major milestone: over $1 billion in investments since their launch! This success is fueling speculation about even bigger things to come.
A Quick Look at Futures ETFs
First, let’s clarify what we’re talking about. These ETFs aren’t directly investing in SOL or XRP. Instead, they use futures contracts. Think of it like this: a futures contract is an agreement to buy SOL or XRP at a specific price on a specific date. These ETFs invest in these contracts, giving investors exposure to the price movements of the cryptocurrencies without directly owning them.
The first SOL ETFs launched in March 2025, followed by XRP ETFs in April. One company even offers a 2x leveraged fund for both, meaning your gains (or losses) are doubled.
A Billion Dollars and Counting
The ETFs saw modest growth for a few months, but July was huge. Each saw around $350 million in new investments that month alone! This includes a Solana staking ETF, which adds another $150 million to the total.
This massive inflow suggests a strong appetite for these investments, and it’s leading experts to predict even more growth.
Will BlackRock Jump In?
Many companies are waiting for SEC approval to launch their spot ETFs (which would directly hold SOL and XRP). While some reports say BlackRock (a huge player in the investment world) isn’t interested in SOL and XRP spot ETFs, one ETF expert is skeptical, believing BlackRock will likely join the fray soon. The success of the futures-based ETFs certainly makes it a tempting prospect./p>