Institutional Interest in Solana: From Safe Haven to Yield Play

Institutions are rethinking their approach to crypto risk, viewing it as a yield-bearing opportunity rather than a systemic threat. This shift has led them to invest heavily in Solana staking ETFs despite a recent market-wide sell-off triggered by the Federal Reserve’s rate cut and Chair Powell’s hawkish comments. While Bitcoin ETFs saw outflows totaling $470 million, Solana staking ETFs like Bitwise’s BSOL captured inflows exceeding $72 million in their first two days, demonstrating a growing appetite for yield-bearing assets within the crypto market.