The launch of Solana (SOL) and XRP ETFs in 2025 has attracted significant institutional interest, with Bitwise's Solana Staking ETF (BSOL) and Canary Capital's XRP ETF (XRPC) raising $56 million and $58 million respectively on their first day. Despite these record inflows, both cryptocurrencies experienced sharp price declines post-launch. The inflows were primarily driven by capital rotation rather than new investments, with XRPC seeing a $15.5 million outflow in the subsequent week. This trend mirrors broader market conditions, including a 22% decline in Bitcoin from its October peak. While Bitcoin ETFs faced outflows, Solana and XRP ETFs continued to draw interest, highlighting a niche institutional focus. However, these inflows have not significantly affected spot prices, influenced by large derivatives positions and a 'sell the news' effect.