Solana ETFs retain $1.5B in inflows as SOL price slumps 57% since July launch
Since their launch in the United States in July, Solana exchange-traded funds have gathered around $1.5 billion in inflows even as SOL has dropped 57% from its launch level. Analyst Eric Balchunas notes that roughly half of these flows come from institutional investors, and that on a market-cap-adjusted basis Solana ETF demand is about double what Bitcoin ETFs saw at a comparable stage.