ETF analyst James Seyffart from Bloomberg recently explored an interesting hypothetical scenario. What if spot ETFs for both XRP and Solana were approved on the same day? Which one would attract more investor inflows?
Looking at Past Performance
James Seyffart pointed to a similar situation in the past when futures-based ETFs and derivative products for Solana launched before XRP products. Surprisingly, the XRP versions brought in more money than Solana’s. This showed that XRP already had a strong presence and trust among retail investors, even before official spot ETFs entered the scene.
XRP Could Win in the Short Term
Seyffart said that if both ETFs were launched on the same day, XRP would likely get more inflows at first. This is mostly because of strong support from the retail crowd. XRP has built a powerful community over time. People on platforms like TikTok, Twitter, and YouTube often talk about XRP as the future of global bank settlements. Even those who don’t fully understand blockchain technology often believe in XRP’s long-term value.
Solana May Take the Lead in the Long Run
While XRP may win in the short term, Seyffart says that Solana could pull ahead over time. Solana has gained strong interest from developers and institutional investors. It’s known for its speed, scalability, and growing ecosystem of real-world applications.
From what he sees in the market, more serious long-term builders are choosing Solana or Ethereum over XRP. This doesn’t mean XRP lacks serious interest, but Solana appears to have more technical momentum for future growth.
The Difference Between Derivative and Spot ETFs
Derivative ETFs use futures contracts and often come with extra fees and risks. Spot ETFs, on the other hand, are simpler because they directly hold the asset itself. Investors usually prefer spot ETFs for their transparency and lower costs.
Seyffart said that spot ETFs will see much higher demand than derivative ones. Based on how well XRP performed with its earlier versions, it could do very well in a spot ETF launc
