Bloomberg Analyst Says XRP ETFs May Win the Crowd, But Lose the Race To Solana

Key Points

1. ETFs and derivative products for Solana launched before XRP products, but XRP versions attracted more money, indicating strong retail investor trust.

2. If both ETFs launched simultaneously, XRP would likely see more initial inflows due to its strong retail community and long-term value belief.

3. Solana may outperform XRP in the long run due to its speed, scalability, and technical momentum for future growth.

4. Spot ETFs are simpler than other products because they directly hold the asset, potentially attracting higher inflows.

5. The analysis highlights the differing investor bases and technical strengths of XRP and Solana in the context of ETF performance.