Solana ETF attracts capital back despite SOL price weakness

TapChiBitcoin
SOL-1,9%
BTC-0,54%
ETH-1,08%
SHIB-1,09%

Solana ETFs recorded inflows of $6.7 million, bringing total assets under management to $689.8 million, according to data from Farside Investors. The list includes funds from Bitwise, VanEck, Fidelity, 21Shares, Franklin, and Grayscale.

Even so, the price of SOL is still under pressure, falling 3.6% in 24 hours to about $122.7 and about 5.6% lower than the previous month. The Solana ETF will start trading in the US from the end of 2025, and the fund’s capital flows are usually slower to react to spot price movements.

!

Compared to Bitcoin and Ethereum, Solana ETF investors are more stable in the face of macro volatility. Last week, BTC and ETH funds had a total net withdrawal of $1.6 billion, while the Solana fund still had a net withdrawal of $17 million, according to CoinShares. This week alone, SOL funds recorded more than $11 million in net inflows.

However, the market sentiment with SOL remains cautious. Meanwhile, spot silver prices rose sharply, rising 2.6% on the day to $120.35 per ounce and jumping 23.8% in a week, leading many traders to assess that the precious metal is likely to rise stronger than SOL in the short term.

On-chain data also shows that altcoins in general still have a high level of participation. According to CryptoQuant, altcoin deposits have risen to multi-month highs, with prominent activity in tokens such as LINK, SHIB, AXS, AAVE, and UNI — suggesting that cash flows remain positive in the segment despite price volatility.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Tests $87 Resistance as Price Climbs 3.7% Toward Key $88 Breakout Level

Solana is trading just below $87.25 with the price directly falling in the $87.18 resistance zone. The chart has a clear framework between the resistant levels of $87 88 and the support level of $83.25.  An upside break above $88 might lead to an extension of the upward trend and r

CryptoNewsLand2h ago

Solana Holds Near $84 as Chart Structure Points to Possible Move Toward $79–$77

Solana is currently trading at $84.94, which represents a 1.8% drop on a daily basis with the support level of about $84.52. The Fibonacci retracement range of $86.45- $87.95 is a significant recovery zone ahead of the resistance level of $88.54. The Elliott Wave projection suggests a

CryptoNewsLand2h ago

Solana Approves SIMD-0266 Upgrade for Faster Transactions

Solana has approved a major network upgrade that could make transactions much faster and cheaper. The upgrade, called SIMD-0266, introduces a new token model known as p-tokens. Developers say this change could make some transactions up to 19 times more efficient. The proposal was first introduced

Coinfomania7h ago

美国 SOL 现货 ETF 单日净流入 759.64 万美元

3月13日,美国SOL现货ETF单日净流入759.64万美元,主要由Bitwise Solana Staking ETF贡献。该ETF历史总净流入已达7.82亿美元,总资产净值为8.55亿美元。

GateNews10h ago

Solana Tests $90 Resistance as Fibonacci Confluence Signals Key Turning Point

Key Insights Solana price is nearing a major resistance near $90 where Fibonacci retracement and value area levels align, creating a decisive technical barrier. Market structure shows the rally forming part of an ABC corrective pattern, keeping the broader consolidation intact while price tr

CryptoFrontNews17h ago
Comment
0/400
No comments