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Solana ETFs Launch with $390 Million Inflows Amid Strong Institutional Demand

Solana (SOL)-based ETFs are gaining traction amid the second wave of crypto-based ETFs. Despite market volatility, demand for SOL products remains strong.

Key Developments

  • VanEck launched its Solana ETF (VSOL) on Nasdaq, with a fee waiver on the first $1 billion AUM until February 2026.
  • Fidelity and Canary Capital introduced their FSOL and SOLC ETFs after filing with the SEC.
  • Bitwise and Grayscale's BSOL and GSOL ETFs showed record-breaking performance since October launch.

Institutional demand is robust, with over $390 million inflows into SOL-based products over 15 consecutive trading days.

Market Impact

  • SOL's price rebounded by 8.4% after hitting a five-month low.
  • Analysts suggest new investment products could reshape SOL's market position.
  • Potential for a 20%-40% rally if market conditions stabilize.

Currently, Solana trades at $141, reflecting a monthly decline of 25.3%.

Solana, sol, solusdt