Solana (SOL) exchange-traded funds (ETFs) have witnessed a seven-day inflow streak, despite a decline in SOL’s price and a broader slump in the cryptocurrency market.
Tuesday recorded the highest inflow of the week, with approximately $16.6 million entering SOL ETFs, according to data from investment management firm Farside Investors.
This brings the total net inflow into SOL ETFs to $674 million as of this writing, as per Farside’s data.
SOL ETFs launched in the US in July, starting with REX-Osprey’s staked SOL ETF, followed by Bitwise’s BSOL Solana ETF in October, which was highlighted as one of the hottest ETF launches of 2025, according to Bloomberg ETF analyst James Seyffart said.
The ETF flows indicate strong interest in SOL from institutional and traditional finance investors, despite declining prices and on-chain metrics like total value locked during the ongoing market downturn.
Related: Solana onchain flows flag notable supply shift as SOL trades near key support
SOL continues to face challenges and trades at a significant discount to its all-time high
Solana’s market capitalization has decreased by over 2% in the past week, according to crypto market analytics platform Nansen.
At the moment, open interest for SOL perpetual futures, which are contracts with no expiry date, exceeds $447 million, based on Nansen’s data.
SOL’s price has plummeted by nearly 55% since its all-time high of approximately $295 reached in January, largely due to the launch of the Trump memecoin on the Solana network.
The token has remained below its 365-day moving average, a significant support level, since November, and is down around 47% from the local high of approximately $253 recorded in September.
SOL is also facing resistance in the $140-$145 range and has struggled to close above those levels in December, even with the launch of SOL ETFs in the US and increased interest in internet capital markets from crypto industry leaders and US regulators.
“US financial markets are primed to transition on-chain,” said Securities and Exchange Commission (SEC) Chair Paul Atkins on Thursday.
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