Spot Solana (SOL) exchange-traded funds (ETFs) have seen a surge in investor interest, attracting significant institutional investment despite the recent price decline of SOL. Cointelegraph reports that weekly inflows for these ETFs reached over $400 million, highlighting growing demand for Solana’s native asset. Since their debut on October 28th, the total spot ETF inflows have totaled $269 million. Data from Bitwise reveals that two prominent Solana ETFs – Bitwise’s BSOL US Equity and Grayscale’s GSOL US Equity – garnered a combined $199.2 million in net inflows during their first week, with Bitwise’s BSOL ETF leading the way with over $401 million in assets under management (AUM). Grayscale’s GSOL US Equity, on the other hand, saw significantly lower inflows of just $2.18 million. Global weekly net inflows into Solana ETFs exceeded $400 million, ranking second only to a record-breaking week last year, according to Bitwise. The Solana Staking ETF (BSOL) from Bitwise emerged as a top performer globally, securing the 16th position among all ETPs across asset classes for the week. Total Solana ETP AUM currently stands at $4.37 billion with US-listed products accounting for the majority of new investments. Despite this influx of investment, Solana’s price has experienced a steep decline, dropping over 16% to its lowest level since July 9, reaching $148.11 on Tuesday, according to sources.