Solana ETFs See $78M Inflows as Interest in Altcoin Investment Products Grows
2025-07-09 18:41:16
Main Idea
Solana-focused ETFs have attracted $78 million in inflows, reflecting growing investor interest in altcoin-backed investment products, with anticipation building for a potential spot Solana ETF approval.
Key Points
1. The Solana REX-Osprey SOL + Staking ETF (SSK) has attracted $41 million since its launch on July 2.
2. Volatility Shares’ 2x Solana ETF (SOLT) has accumulated $69 million year-to-date.
3. Investors are anticipating the approval of a spot Solana ETF, though the SEC has yet to make a decision.
4. Bitcoin ETFs, launched earlier, have drawn nearly $50 billion in capital, with the iShares Bitcoin Trust (IBIT) holding 700,000 BTC.
5. Ethereum ETFs, approved more recently, have pulled in about $4.5 billion.
Description
Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin (BTC) and ether (ETH) in ETF markets. The Solana REX-Osprey SOL + Staking ETF (SSK), which launched July 2, has already attracted over $41 million in assets under management, according to Bloomberg Intelligence. Meanwhile, Volatility Shares’ leveraged Solana ETF (SOLT...
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