Markets· ★★· bearish·

XRP lags Solana as spot SOL ETF outflows resume

  • —SOL ETFs shed $8.9 million on Oct. 22: BSOL -$5.7 million, GSOL -$3.2 million
  • —Net outflow from SOL ETFs reached $17.6 million Monday through Thursday
  • —XRP fell 0.83% since Thursday morning versus 0.34% for SOL
  • —SOL traded in a $102.91-$105.16 range; XRP in $1.2937-$1.3474
Why it matters: A single inflow session failed to reverse SOL ETF outflows, and XRP's underperformance versus SOL points to weak demand for both assets.
Source: Bitcoin Insider