๐ Solana ETFs Surge with $78M Inflows Amid Growing Altcoin Interest ๐ฐ๐ฅ
๐ Key Highlights
โ $78 million in net inflows across three Solana ETFs over the past month.
โ REXโOsprey SOL + Staking ETF (SSK) attracted $41M+ since its July 2 launch.
โ Volatility Shares 2ร Solana ETF (SOLT) holds $69M year-to-date.
โ Unleveraged Solana ETF (SOLZ) has $23M in assets.
โ SECโs accelerated review process boosts hopes for a spot Solana ETF approval by summerโs end.
๐ Market Context
โ Bitcoin spot ETFs: ~$50B in assets; BlackRockโs IBIT alone holds over 700K BTC.
โ Ethereum ETFs: ~$4.5B in total.
โ Solana ETFs represent a rising appetite for altcoin exposure via regulated investment products.
๐ Why It Matters?
โ Diversified access to crypto beyond BTC/ETH.
๐ Staking yield within ETFs draws income-focused investors.
๐ Strong inflows signal confidence in Solanaโs institutional future.
๐งฉ Sets the stage for wider altcoin ETF adoption if SOL succeeds.