Solana (SOL) exchange-traded funds (ETFs) experienced a seven-day inflow trend, even in light of SOL’s declining price and a general downturn in the crypto market.
Tuesday recorded the highest inflow during this period, with approximately $16.6 million entering SOL ETFs, based on data from investment management firm Farside Investors.
The cumulative net inflow into SOL ETFs now stands at $674 million, as per Farside’s data.
SOL ETFs launched in the US in July, beginning with REX-Osprey’s staked SOL ETF, followed by Bitwise’s BSOL Solana ETF in October, which was among the most talked-about ETF launches of 2025, according to Bloomberg ETF analyst James Seyffart said.
The influx of ETF investments indicates a sustained interest in SOL from both institutional and traditional finance investors, despite a drop in price and on-chain metrics like total value locked during the ongoing market downturn.
Related: Solana onchain flows indicate significant supply shift as SOL hovers near crucial support
SOL continues to face challenges, trading at a significant discount from its peak
Solana’s market cap has decreased by over 2% in the past week, according to analytics from crypto market platform Nansen.
Current open interest for SOL perpetual futures, which are contracts without an expiry, exceeds $447 million, based on Nansen’s data.
SOL’s price has plummeted nearly 55% from its all-time high of around $295 reached in January, influenced by the introduction of the Trump memecoin on the Solana network.
The token has remained below its 365-day moving average, a vital support threshold, since November and is down approximately 47% from the local peak of around $253 achieved in September.
SOL also confronts resistance between the $140-$145 range, failing to breach these levels in December, despite the launch of SOL ETFs in the US and growing interest in internet capital markets from crypto industry leaders and US regulators.
“US financial markets are set to shift onchain,” Securities and Exchange Commission (SEC) Chair Paul Atkins stated on Thursday.
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