Solana ETFs Surge Amidst Price Weakness, Institutional Confidence Remains Strong

Despite a recent dip in price, Solana-based exchange-traded funds (ETFs) are experiencing strong inflows, reflecting growing institutional confidence despite market volatility. Notably, Bitwise’s first Solana ETF launched amidst the regulatory landscape change, attracting significant capital even as prices struggle to break above key resistance levels. Analysis by DonAlt reveals that a sustained price rebound beyond the $190-$215 range may signal a structural shift in the trend. However, until confirmation, the bearish momentum prevails.