Solana ETFs record 7-day inflow streak despite price slump
2M ago•
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The first SOL ETF was launched in July, followed by Bitwise’s SOL ETF in October, which recorded $57 million in first-day trading volume.
Solana (SOL) exchange-traded funds (ETFs) recorded a seven-day inflow streak, despite SOL’s downward price performance and a broader downturn in the crypto market.
Tuesday marked the highest day of inflows during the seven-day streak, with about $16.6 million in capital flowing into SOL ETFs, according to data from investment management company Farside Investors.
This brings the total net inflow into SOL ETFs to $674 million at the time of this writing, data from Farside shows.
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