Solana (SOLThe exchange-traded-funds (ETFs), which are a type of mutual fund, have seen a 7-day streak inflow despite the downward performance in SOL and an overall decline in crypto markets.
The SOL ETFs saw the largest inflows on Tuesday, with $16.6m in capital. data Farside Investors, a company that manages investments.
Farside’s data indicates that this brings the total inflow of net funds into SOL-related ETFs up to $674m at the moment.
SOL ETFs debuted in the US The month of July is marked by the launch of REX-Osprey’s staked SOL ETF Bloomberg ETF analyst James Seyffart believes that Bitwise’s BSOL Solana ETF, launched by Bitwise in October, was the hottest ETF launch of 2025. said.
ETF flows indicate interest from traditional and institutional investors in SOL, despite price and onchain metrics such as total value locked and the amount of capital in smart contracts. decline during the ongoing market drawdown.
Related: Solana onchain flows flag notable supply shift as SOL trades near key support
SOL is still struggling and trading at a significant discount from its high.
According to the crypto-market analytics platform, Solana’s market cap has dropped by more than 2% over the past seven days. Nansen.
Nansen says that at the moment of writing there is $447 million in open interest for SOL futures. These are contracts with no expiration dates. data shows.
SOL has seen its price drop by almost 55% in the last year. all-time high of about $295 In January, the fuelled by launch of the Trump memecoin Solana is a global network.
Since November the token’s price has traded well below its moving 365-day average, which is a crucial level of stability. The token also fell by approximately 47% after reaching a local high in September of around $253.
SOL is also facing resistance between $140-$145 It has been difficult to move past these levels in December despite the US SOL ETF launch and a growing demand for internet capital markets Crypto industry executives and US regulators.
The US financial markets poised to move onchainPaul Atkins, Chair of the Securities and Exchange Commission. said On Thursday,
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Source: cointelegraph.com
