The REX-Osprey SOL spot exchange-traded fund (ETF) recorded $2.1 million in net inflows yesterday, marking another significant inflow day since its launch.
This recent influx pushes the fund’s cumulative net inflows to $13.74 million, according to data publicly reported by Farside Investors. The sustained growth underscores strong and steady investor appetite for Solana-based ETF products.
Analysts attribute this demand to several factors. Solana’s blockchain, known for its high throughput and low transaction costs, provides a competitive infrastructure; its expanding decentralized finance (DeFi) ecosystem also presents compelling growth potential. The spot ETF structure offers investors direct exposure to SOL tokens, catering to individuals and institutions seeking diversified crypto assets without directly holding tokens.
Industry experts frequently highlight Solana’s technological advancements and developer activity as key drivers attracting capital into associated investment vehicles like the SOL spot ETF.