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Spot Solana ETFs recorded their 20th straight day of inflows
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Funds added $58 million on Monday, led by Bitwise’s BSOL at $39.5 million
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Total net inflows now exceed $568 million since launch
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Analysts say inflows are building long term support despite short term market weakness
A Continuous Streak of Demand
Spot Solana ETFs in the U.S. have now logged 20 consecutive days of net inflows, a rare streak for a newly launched altcoin category. On Monday, the six Solana funds combined brought in $58 million, the third-largest daily haul since inception.
Total inflows since Oct. 28 now stand at $568.24 million, and the group manages $843.81 million in net assets, or about 1.09 percent of Solana’s market cap.
Institutional Interest Strengthens Solana’s Position
Analysts say the steady inflow trend shows growing institutional comfort with Solana as a blue-chip crypto asset. Nick Ruck of LVRG Research noted that demand has exceeded early expectations despite broader market de-risking.
The inflows are also expected to provide structural support for the token once general market pressure eases, though SOL’s price continues to track broader downturns.
Broader Ecosystem Momentum
Solana continues to attract real world tokenization projects. BTSE COO Jeff Mei highlighted platforms like xStocks, which tokenize U.S. stocks and ETFs directly on Solana.
Elsewhere in the market, XRP ETFs also logged $164 million in combined inflows on Monday, while Grayscale’s newly listed Dogecoin ETF saw zero inflows on its first day.
