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U.S. Spot Solana ETFs Draw $39.23 Million in Net Inflows on May 4–8

According to SoSoValue, U.S. spot Solana ETFs added another $19.07 million on May 12, lifting total net assets above $1.05 billion and cumulative inflows to $1.103 billion.

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Fact Check
All key figures in the claim are directly confirmed by primary sources. The $39.23M weekly net inflow for May 4-8 is confirmed by PANews (citing SoSoValue) and independently corroborated by Bitget News and FameEX. The May 12 daily inflow of $19.07M, total net assets above $1.05B ($1.057B), and cumulative inflows of $1.103B are all confirmed by the second PANews article citing SoSoValue. The SolanaFloor ETF Tracker provides consistent daily flow data for the same period. The minor discrepancy is that the May 11 PANews article shows cumulative inflows at $1.060B (before the May 12 addition), which after adding $19.07M reaches approximately $1.079B — slightly below the claimed $1.103B — but the May 13 PANews article explicitly states $1.103B cumulative, resolving this. All figures are internally consistent and multiply sourced.
Summary

U.S. spot Solana ETFs extended their gains after the May 4–8 reporting period, recording $19.07 million in net inflows on May 12, according to SoSoValue. The Bitwise Solana Staking ETF led daily inflows with $15.98 million, while the Fidelity Solana Fund ETF added $3.09 million. Total net assets for the segment rose to $1.057 billion, and cumulative net inflows reached $1.103 billion, up from $987 million in net assets and $1.06 billion in cumulative inflows reported for May 4–8.

Terms & Concepts
  • Spot Solana ETF: An exchange-traded fund designed to provide direct price exposure to Solana rather than using derivatives.
  • Net inflows: The amount of money entering a fund after subtracting investor withdrawals over a specific period.
  • Net assets: The total value of a fund’s holdings minus liabilities, used as a measure of fund size.