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Solana ETFs Attract Significant Inflows Amid Market Challenges
According to Cointelegraph, Solana (SOL) exchange-traded funds (ETFs) have experienced a consistent inflow streak over seven days, despite the cryptocurrency's declining price and a broader downturn in the crypto market. On Tuesday, the inflows peaked with approximately $16.6 million directed into SOL ETFs, as reported by investment management firm Farside Investors. This brings the total net inflow into SOL ETFs to $674 million at the time of writing, based on Farside's data.
The introduction of SOL ETFs in the U.S. began in July with the launch of REX-Osprey’s staked SOL ETF, followed by Bitwise’s BSOL Solana ETF in October, which was notably one of the most successful ETF launches of 2025, according to Bloomberg ETF analyst James Seyffart. These ETF inflows indicate a growing interest in SOL from institutional and traditional finance investors, even as the price and onchain metrics, such as total value locked, decline amid the ongoing market downturn.
Despite the interest in ETFs, Solana continues to face challenges, trading significantly below its all-time high. Solana’s market capitalization has decreased by over 2% in the past seven days, according to data from crypto market analytics platform Nansen. The open interest for SOL perpetual futures, which are futures contracts without an expiry date, stands at over $447 million at the time of writing, as per Nansen's data.
SOL's price has dropped nearly 55% from its all-time high of approximately $295, reached in January, driven by the launch of the Trump memecoin on the Solana network. The token has been trading below its 365-day moving average, a crucial support level, since November, and is down about 47% from the local high of around $253 recorded in September. SOL is also encountering resistance between $140-$145 and has not surpassed these levels in December, despite the launch of SOL ETFs in the U.S. and increasing interest in internet capital markets from crypto industry executives and U.S. regulators.
Securities and Exchange Commission (SEC) Chair Paul Atkins remarked on Thursday that "U.S. financial markets are poised to move onchain," highlighting the evolving landscape of financial markets and the potential for further integration of blockchain technology.
The introduction of SOL ETFs in the U.S. began in July with the launch of REX-Osprey’s staked SOL ETF, followed by Bitwise’s BSOL Solana ETF in October, which was notably one of the most successful ETF launches of 2025, according to Bloomberg ETF analyst James Seyffart. These ETF inflows indicate a growing interest in SOL from institutional and traditional finance investors, even as the price and onchain metrics, such as total value locked, decline amid the ongoing market downturn.
Despite the interest in ETFs, Solana continues to face challenges, trading significantly below its all-time high. Solana’s market capitalization has decreased by over 2% in the past seven days, according to data from crypto market analytics platform Nansen. The open interest for SOL perpetual futures, which are futures contracts without an expiry date, stands at over $447 million at the time of writing, as per Nansen's data.
SOL's price has dropped nearly 55% from its all-time high of approximately $295, reached in January, driven by the launch of the Trump memecoin on the Solana network. The token has been trading below its 365-day moving average, a crucial support level, since November, and is down about 47% from the local high of around $253 recorded in September. SOL is also encountering resistance between $140-$145 and has not surpassed these levels in December, despite the launch of SOL ETFs in the U.S. and increasing interest in internet capital markets from crypto industry executives and U.S. regulators.
Securities and Exchange Commission (SEC) Chair Paul Atkins remarked on Thursday that "U.S. financial markets are poised to move onchain," highlighting the evolving landscape of financial markets and the potential for further integration of blockchain technology.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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