SOL and XRP ETFs Explode with Over $100M Inflows: Bitwise and Grayscale Fuel Altcoin Frenzy – Is Season Here?
In a blockbuster week for altcoins, Solana (SOL) and XRP spot ETFs raked in a staggering $46.88 million and $56.83 million in net inflows respectively from January 12-16, totaling over $100 million and signaling a massive shift in institutional appetite. Leading the charge, Bitwise's BSOL ETF poured in $32.23 million for SOL, while Grayscale's GXRP added $23.75 million for XRP, according to data from SoSoValue. As Bitcoin and Ethereum ETFs dominate headlines with $1.42 billion and $479 million inflows, these altcoin products are stealing the spotlight amid booming ecosystems and diversification plays.
Diving deeper into the numbers, Solana spot ETFs showcased robust demand with Bitwise's BSOL dominating at $32.23 million weekly inflow, bringing its historical total to $680 million. Fidelity's FSOL followed with $10.97 million, offsetting minor outflows from 21Shares' TSOL at -$725.8K. Overall AUM for SOL ETFs hit $1.21 billion, representing 1.48% of Solana's market cap and cumulative inflows of $864 million. On the XRP front, Grayscale's GXRP led with $23.75 million, pushing historical inflows to $287 million, while Bitwise's XRP ETF contributed $18.39 million, totaling $310 million historically. XRP ETFs now boast $1.52 billion AUM, or 1.20% market cap ratio, with cumulative $1.28 billion inflows. These figures from SoSoValue highlight how altcoin ETFs are maturing, with top providers like Bitwise and Grayscale capturing the bulk of fresh capital. Compared to BTC's BlackRock IBIT ($1.035B) and ETH's BlackRock ETHA ($219M), SOL and XRP are carving out meaningful slices, fueled by Solana's DeFi and meme coin explosion alongside XRP's payment network advancements.
These inflows underscore a pivotal trend: investors diversifying beyond BTC and ETH into high-growth altcoins as ecosystems mature. Solana's lightning-fast transactions and thriving dApps, paired with XRP's regulatory wins and cross-border utility, are drawing institutional billions. Total crypto ETF inflows hit record highs last week, with alts like SOL and XRP extending streaks amid Bitcoin dominance holding steady. This capital rotation could ignite 'altcoin season' in 2026, boosting SOL toward new highs and XRP eyeing $5+ rallies per analysts. Price action has responded positively, with SOL and XRP outperforming BTC early this year, amplified by on-chain surges and ETF AUM growth signaling sustained demand.
With Bitwise and Grayscale at the helm, SOL and XRP ETF inflows are not just numbers – they're a bullish harbinger for altcoins. As fresh capital floods in amid ecosystem booms, expect more volatility but upward trajectories. Investors: position for diversification; the altcoin renaissance is underway. Track SoSoValue for updates as this momentum builds.