Exchange-traded funds linked to Solana recorded strong investor interest, drawing about $44.5 million in new inflows in a single day. Cumulative inflows have now reached roughly $199 million, bringing total assets under management to more than $500 million.
In contrast, Bitcoin funds saw outflows of about $191 million, while Ether funds lost nearly $100 million, signaling a short-term capital rotation within the crypto ETF market.
Analysts say investors may be seeking exposure to alternative assets with higher growth potential and staking yield. The trend highlights Solana’s growing position among institutional traders as digital asset markets diversify beyond Bitcoin and Ether.