Institutional capital is returning to Solana (SOL) as Spot exchange-traded funds (ETFs). open the doors to a new wave of inflows. Solana’s resurgence has attracted the attention of the broader crypto community, seeing steady daily inflows and experiencing momentum it hasn’t seen in months. The question now remains whether this steady build-up of institutional accumulation can possibly provide momentum The price of SOL is close to $300.
Solana records 11 days of consecutive ETF inflows
Solana’s price is currently hovering above $156, about half its price ATH of just over $294 set in January 2025. Over the past few months, the altcoin has seen significant volatility, including a 20% decline in the past month. During this period there was little new to drive the market. However, the recent increase ETF SOL activities could signal a potential turnaround for Solana’s price.
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According to data from SoSoValue, Solana Spot ETFs in the United States have testified a cumulative total net inflow of $350.47 million in less than two weeks. This suggests that institutions have been buying Solana ETFs every single day since its launch, signaling confidence in the current volatile market.
Today, total daily net inflows into Solana ETFs reached $7.98 million, approximately $1.2 million higher than the previous day’s $6.78 million. SoSoValue’s chart shows that the highest daily inflow over the last 11 days occurred on November 3, when the Solana ETFs took out an impressive $70.05 million from both Bitwise and Grayscale.
Bitwise BSOL ETF was the primary driver of this steady inflow, accounting for $331.74 million of the total Grayscale GSOL ETF contributed a modest sum of $18.72 million. The data highlights that institutions are not only showing interest in these new cryptocurrency investment products, but are actively establishing long-term positions in exposure to Solana.
With Bitcoin ETFs pushing the cryptocurrency’s price to previous ATHs in 2024, Solana could see a similar response if ETF inflows remain strong and the broader market sentiment remains positive. While it is unclear whether the cryptocurrency can reach $300, continued accumulation by institutions provides a constructive foundation for future price appreciation.
Grayscale Expands Trading Access with Solana ETF
New relationships reveal that Grayscale has added an extra layer of optimism to the SOL news by announcing that options trading for its Solana Trust ETF is not yet active. This offers investors additional opportunities to gain exposure to cryptocurrency, manage risk and trade Solana’s price movements.
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Grayscale announced that Solana Trust will offer 100% staking, zero fees, and an average staking rate of return above 7%, making it an attractive option for investors seeking both exposure and yield. As Grayscale’s new moves strengthen Solana’s presence in the digital asset landscape, the introduction of options trading could also improve the cryptocurrency’s liquidity.
Featured image of Pixel Plex, chart by Tradingview.com