July has seen net inflows in every U.S. trading session for Solana spot ETFs, even as SOL remains about 57% below its launch-period price and 21Shares moves TSOL to an FTSE benchmark.
Solana spot ETFs brought in $5.75 million in net inflows in the first full trading week of July, extending a streak in which every U.S. trading session this month has closed positive. The run has persisted even with SOL trading about 57% below its October 2025 launch-period price, highlighting demand that has held up through a prolonged drawdown. U.S. spot Solana ETFs have now accumulated more than $1 billion in cumulative net inflows since launching on October 28, 2025, according to SoSoValue. On July 6, daily net inflows reached 103,020 SOL across 21Shares TSOL, Bitwise BSOL, Grayscale GSOL and Fidelity FSOL. The category stood out against broader crypto ETF weakness, with Bitcoin spot ETFs posting $527 million in net outflows over the same week, Ethereum funds losing $13.67 million and XRP ETFs drawing $17.19 million in inflows. Separately, 21Shares disclosed in an SEC filing dated July 7 that TSOL will switch its daily pricing and NAV calculation from a CF Benchmarks reference rate to the FTSE Digital Assets Index, effective August 24, 2026, marking a broader buildout of institutional-grade infrastructure in U.S. crypto ETFs.