Solana ETFs Record $343 Million Inflows Despite 15% Price Drop
U.S.-listed spot Solana ETFs saw $1.49M daily inflows on Nov. 13, lifting cumulative net inflows to $370M and underscoring continued investor demand despite recent price weakness.
On November 13, U.S. Solana spot ETFs recorded $1.49 million in daily net inflows, according to SoSoValue data. Bitwise’s BSOL reached a total of $346 million in assets, while Grayscale’s GSOL saw no daily inflow, maintaining its historical net inflow at $24.32 million. The combined assets of Solana ETFs stood at $533 million, with cumulative net inflows rising to $370 million since launch in late October 2024. These figures highlight sustained investor interest in Solana ETFs despite continued weakness in the cryptocurrency’s market price and underperformance relative to Bitcoin and Ethereum.
- Solana ETF: An exchange-traded fund that tracks the price of Solana, allowing investors to gain exposure without directly holding the cryptocurrency.
- Net Inflow: The total amount of funds moving into an investment product during a specific period, calculated after subtracting outflows.