Cumulative inflows into Solana (SOL) and Ripple (XRP) exchange-traded funds have surpassed $1 billion since their launch, according to Nate Geraci, president of financial services firm The ETF Store.

The milestone comes as speculation mounts that BlackRock, the world’s largest asset manager, may be preparing to launch a spot Ripple ETF.

Futures ETF Surge Shows Strong Market Demand

Futures ETFs are investment products that hold futures contracts for a specific asset, allowing investors to buy at a set price on a future date.

In the U.S., multiple Solana and Ripple futures ETFs are already trading. In July, each asset saw around $350 million in inflows, signaling a sharp rise in investor interest.

Geraci says this performance is clear evidence of demand for spot Solana and Ripple ETFs once regulatory approval is granted.

Futures-based sol & xrp ETFs launched in march/april…

Since then, category has taken in over $1bil new $$$.

*$1+bil*

That incl Rex-Osprey sol + staking ETF, which has nearly $150mil AUM.

IMO proves there will be *real* demand for ‘33 act xrp & sol ETFs.

(chart via @FactSet) pic.twitter.com/ik26QOuYal

— Nate Geraci (@NateGeraci) August 9, 2025

Spot ETF Applications Await SEC Decision

Several asset managers have filed with the U.S. Securities and Exchange Commission (SEC) to launch spot Solana and Ripple ETFs.

The SEC is reviewing these applications, and the market is watching closely for a decision that could reshape the crypto investment landscape.

Is BlackRock Next?

In a post on X, Geraci questioned whether anyone could truly believe that BlackRock has “no interest” in the rapidly growing futures ETF market — hinting that the asset management giant could be planning a move.

With high-performance blockchains like Solana gaining traction, the crypto market continues to push forward with new technologies and investment products.