Solana spot ETF funds continue to attract strong interest from investors, recording the fourth consecutive day of capital inflows amid the backdrop of a “capital rotation” from Bitcoin and Ether funds.
According to data from SoSoValue, last Friday, Solana spot ETFs attracted an additional $44.48 million, bringing the total cumulative inflow to $199.2 million and total assets under management exceeding $502 million. Notably, the Bitwise Solana ETF (BSOL) is leading this trend, contributing the majority of the new capital with a daily growth rate of 4.99%.
Solana ETF funds experienced an influx of funds | Source: SoSoValueIn contrast to Solana, Bitcoin spot ETFs saw a strong outflow trend with a net value of up to 191.6 million USD in just one day, continuing a week-long profit-taking streak. Specifically, these funds lost 488.43 million USD on Thursday and 470.71 million USD the day before.
Similarly, Ether spot ETF funds also recorded outflows of 98.2 million USD, causing the total accumulated outflows to decrease to 14.37 billion USD. During the week, these funds saw withdrawals of 184.3 million USD on Thursday and 81.4 million USD on Wednesday.
Solana ETF affirms its position
The strong shift towards Solana ETF funds occurs against the backdrop of the market witnessing a phenomenon of “capital rotation.” Mr. Vincent Liu, the Chief Investment Officer at Kronos Research, noted that this trend reflects the increasing demand for new narratives and profit opportunities from staking.
“Solana ETF funds are breaking out due to new momentum and capital rotation, while Bitcoin and Ether are being locked in profits after strong growth phases,” Mr. Liu shared. “This shift indicates that investors are increasingly interested in new trends and yield opportunities from staking.”
Many analysts predict that the upward momentum of Solana could continue into next week, as Bitcoin and Ether are entering an accumulation phase. “The growth momentum of Solana may be sustained next week, as the rotation of capital continues and the major coins temporarily stabilize, unless there are macro news that cause strong fluctuations,” Mr. Liu added.
The wave of new cryptocurrency ETF funds entering the market
This week, the market welcomed many new cryptocurrency ETF funds, notably the Bitwise Solana staking ETF which launched on Tuesday with total assets reaching $222.8 million, providing investors the opportunity to access Solana with an estimated staking yield of around 7%.
In addition, many new funds are preparing to join the market, including the Litecoin ETF and Canary's Hedera fund, along with the anticipated conversion of Grayscale's Solana Trust Fund into an ETF. Notably, Hong Kong just approved the first spot Solana ETF last week, providing more attractive investment options for regional investors.
Mr. Teacher
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Stablecoin Volume Hits $650B in February Surge
Solana stablecoin transfers reached $650B in February, more than doubling the previous record set in October.
Analysts say stablecoins are driving blockchain payment demand as usage expands across networks with strong transaction capacity.
Solana ranks second in circulating USD Coin
CryptoFrontNews57m ago
USDC Treasury mints an additional 250 million USDC on the Solana chain
Gate News Report, March 6 — According to Whale Alert monitoring, the USDC Treasury just minted 250 million USDC on the Solana chain, worth approximately $250 million.
GateNews2h ago
Solana Price Prediction: Solana’s $100 Price Outlook Remains On Course While AVAX Targets $10, But DeepSnitch AI’s Presale Shows 500x Moonshot Potential
Europe’s regulated crypto infrastructure is growing at a tremendous rate after the launch of the crypto-as-a-service platform by BitGo Europe GmbH to help fintech firms and banks.
On the other hand, analysts who are evaluating the Solana price prediction are debating the possibility of the
CaptainAltcoin2h ago
Analyst Who Called Solana’s 77% Crash Reveals New $SOL Price Targets
The ongoing bear market has not been pleasant for Solana holders. After peaking above $290, the $SOL price crashed to roughly $67 at its lows, which means a brutal 77% decline before stabilizing around the $80–$90 range today. For many investors who entered near the highs, the crash has been
CaptainAltcoin3h ago
3 Promising Altcoins to Accumulate for 2026 — SOL, XRP, and AVAX
Solana offers high speed performance and growing institutional support.
XRP gains strength from regulatory clarity and global payment adoption.
Avalanche attracts enterprises with modular blockchain infrastructure.
Investors who think ahead often gain the greatest rewards. As 2026 gains
CryptoNewsLand3h ago
