Solana ETFs See Strong Inflows, Signaling Shift Away from Bitcoin & Ethereum

The Solana ecosystem is experiencing a surge in institutional interest, with exchange-traded funds (ETFs) displaying consistent capital inflows for the fourth consecutive day. This shift reflects an increasing preference for blockchain projects beyond established giants like Bitcoin and Ethereum (ETH).

Spot Solana ETFs have seen $44.5 million in net new capital additions, contributing to a cumulative AUM exceeding $502 million. The recent influx has pushed the Bitwise Solana ETF (BSOL) to record nearly a 5% gain in a single day on its launch.