
Institutional demand for Solana ETFs remains robust, with roughly 30 firms holding $540 million in positions, highlighting continued confidence despite recent price declines.
As of March 10, around 30 institutional investors hold approximately $540 million in U.S. Spot Solana ETFs, according to Bloomberg Intelligence analyst James Seyffart. Despite a 57% drop in Solana’s price, leading firms including Electric Capital, Goldman Sachs, and Elequin Capital maintain significant positions, reflecting steady institutional confidence in Solana’s market potential.