XRP exchange-traded funds have reached over $1 billion in assets, thanks to its long-standing recognition and impressive price performance. Spot Ether ETFs are facing outflows, while Bitcoin ETFs show inconsistent performance. XRP is currently trading at $1.81, up 417% since 2022 but down 22.81% since Jan. 1, according to CoinMarketCap.

XRP ETFs have seen $423.27 million in inflows since November, surpassing $1 billion in assets under management. Major XRP ETF issuers hold $1.14 billion in AUM. Investors are starting to understand the investment case for Solana, leading to significant inflows into spot Solana ETFs, totaling $102.8 million over the past nine days.

The demand for XRP and Solana spot ETFs is increasing alongside the volatility in trading of Bitcoin and Ethereum ETFs. Spot Ether ETFs have faced five consecutive days of outflows, while spot Bitcoin ETFs have shown inconsistent performance. On Thursday, US spot Bitcoin ETFs saw $457.3 million in inflows.

Read more at Cointelegraph: XRP ETFs Push Past $1B AUM Amid ‘Familiarity’ Factor: Exec