Solana ETFs see 7-Day inflow streak despite SOL’s 55% price drop
The post Solana ETFs see 7-Day inflow streak despite SOL’s 55% price drop appeared on BitcoinEthereumNews.com.
Solana exchange-traded funds extended their inflow streak to seven days, bucking both the price drop of SOL and the broader crypto sell-off. According to Farside Investors, the ETFs attracted $674 million, reaching a peak of roughly $16.6 million on Tuesday. Since the first SOL ETF went live in July and Bitwise followed on that page in October, the ETFs have continued to draw the attention of both institutional and traditional finance investors. James Seyffart, an ETF analyst at Bloomberg, singled out the launch of REX-Osprey’s staked SOL ETF and BSOL Solana ETF by Bitwise in July and October as the top ETF launches of 2025. Solana’s market cap has dropped over 2%even as ETF inflows continued to rise The volume of the Solana ETF flows reflects ongoing demand for SOL, both among institutional investors and traditional finance, despite a decline in price and on-chain metrics, such as total value locked, as part of a wider market pullback. For one thing, according to Nansen data, Solana’s market capitalization decreased by over 2% over the last seven days. SOL is also almost 55% off its January peak of close to $295, hit after the Trump memecoin debut on Solana. The token has traded below its 365-day moving average since November and is down approximately 47% from the September peak of $253. SOL still faces resistance in the $140-$145 range and has been unable to close above those levels in December. However, the emergence of new US-listed SOL ETFs and the increasing interest in on-chain capital markets from crypto executives and US regulators has brought these issues to the forefront. Market observers attribute SOL’s troubles to falling prices and weaker activity on the chain, leading to a decline in TVL during broader market weakness. The current disparity between ETF inflows vs. the SOL…
