Despite massive institutional interest, Solana (SOL) has faced a steep correction following its U.S. ETF debut. The token’s price has fallen by over 20%, even as Solana-based ETFs attracted more than $420 million in inflows, ranking them among the top 20 ETFs across all asset classes.
Record Debut: Solana ETF Among Top 20 in the U.S.
The Bitwise Solana ETF (BSOL) stunned markets by attracting $417–421 million in net inflows within its first week of trading.
This places it among the 20 largest ETFs in the United States by net inflows, spanning all asset classes — not just crypto.
While Bitwise launched its ETF with an initial capital of $223 million, competitors like Grayscale began with just $2.2 million.
BSOL’s success clearly shows that institutional appetite for Solana is much stronger than expected.
SOL Price Falls Despite Huge Inflows
While capital inflows reached record highs, the SOL token dropped by more than 20% within a single week.
Market data shows that Solana’s market cap declined, even though total user assets hosted on-chain remain above $40 billion.
By the end of the week, Solana was trading at $162.2, marking a 9.12% daily loss and more than a 30% monthly decline.
For comparison: Bitcoin fell 1.5%, and Ethereum dropped 6.1% over the same period.
Daily Inflows and BSOL Dominance
On-chain data reveals that Solana ETFs attracted $44.4 million just on Friday, pushing weekly inflows close to $200 million.
Total assets under management briefly exceeded $513 million, before falling back to around $420 million as prices dropped.
Average daily inflows stand at $70.5 million, with BSOL alone capturing $65.16 million per day, while GSOL adds another $5.34 million daily.
Institutional Rotation and New Narratives
According to Vincent Liu of Kronos Research, the surge in Solana ETF demand stems from capital rotation out of BTC and ETH, driven by staking yields and new narratives around tokenized assets.
Vetle Lunde, head of research at K33, described the launch of U.S. spot Solana ETFs as a “remarkable success,” attracting substantial investor demand even amid outflows from other blockchain ecosystems.
Comparison With Bitcoin and Ethereum
While Solana drew massive inflows, Bitcoin ETFs saw $798 million in outflows last week, and Ethereum ETFs lost $135.6 million.
Cumulative inflows remain high — Ethereum ETFs still hold about $14.3 billion — but the trend is clear: investors are diversifying away from BTC and ETH.
The Bitwise Solana ETF offers roughly a 7% annual yield, making it the most attractive altcoin ETF on the market.
Other notable products include the HBAR ETF and Grayscale’s Solana Trust, reflecting the growing landscape of regulated altcoin investment vehicles.
Bitwise Stays Bullish: “Solana Has a Strong Future”
Despite the sell-off, Matt Hougan, CIO of Bitwise, remains optimistic about Solana’s long-term prospects.
He described investing in Solana as “a bet on the infrastructure of future digital assets” — particularly for stablecoin transfers and tokenization of real-world assets.
“If Solana is right about its direction, the combination of a growing market and an expanding share of it could fuel massive long-term growth,” Hougan said.
Conclusion
Solana faces a paradox — record institutional inflows amid a sharp market decline.
While on-chain fundamentals remain strong and capital continues to flow in, short-term sentiment is weighed down by volatility and macroeconomic uncertainty.
The key question now is whether Solana can maintain its innovation momentum and investor confidence in the weeks ahead.
#sol , 
#solana , 
#CryptoCommunity , 
#Altcoin , 
#crypto Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“