Solana ETFs Show Strong Growth Amidst Market Volatility

Spot Solana exchange-traded funds (ETFs) continue to demonstrate robust growth, with investors demonstrating a strong interest in diversifying their portfolios. Over 20 days straight, these funds have seen net inflows exceeding $58 million yesterday alone, according to SoSoValue data. This surge is attributed to the growing institutional demand for Solana, especially from institutions seeking diversification beyond Bitcoin and Ethereum. Notably, Bitwise’s BSOL fund saw a record-breaking $39.5 million inflow on Monday, representing the largest single-day increase since November 3rd.