Solana ETFs Hit $342M in 10 Days: Institutional Floodgates Now Open?

Wall Street's latest crypto crush shows no signs of cooling off. Spot Solana ETFs just racked up a decade's worth of bullish momentum in 10 trading days.

The $342 million haul since launch signals something bigger at play: TradFi might finally be done pretending it hates blockchain rails. Or maybe they just realized yield-starved clients will swallow any narrative with a chart.

Key drivers:

- Institutional FOMO meets proof-of-stake yields

- SOL's 30-day volatility now undercuts Bitcoin's

- That sweet, sweet regulatory gray area

Critics whisper this could be another case of 'hot money chasing hotter memes.' But with custody solutions maturing faster than a DeFi degenerate's margin call, the smart money's betting this inflow streak has legs.

Analysts Say Sustained Solana ETF Inflows Signal Strong Investor Confidence

The latest inflows mark a slowdown from their early performance, when Solana ETFs pulled nearly $200 million in their first week and reached $70 million in a single day last Wednesday.

Still, analysts view the sustained demand as a sign of investor confidence in Solana’s growing ecosystem.

Bloomberg’s Eric Balchunas described the continued inflows as a “huge number” and a “good sign” for the network’s broader adoption.

$BSOL did more volume on Day Two.. $72m is a huge number. Good sign. pic.twitter.com/KpTbiQxZnv

By comparison, spot Bitcoin ETFs brought in $1.15 million on Monday, entirely from Bitwise, while ethereum ETFs saw no net flows.

Canary Capital’s Litecoin ETF added $2.11 million, with its Hedera ETF flat for the day. The data points to Solana’s unexpected rise as one of the most sought-after altcoin investments in the ETF landscape.

As reported, institutional outflows from crypto investment products accelerated last week, reaching $1.17 billion, the second consecutive week of heavy withdrawals amid renewed market volatility and macroeconomic uncertainty.

Data shows trading volumes in ETPs remained high at $43 billion, but Optimism from midweek progress on resolving the U.S. government shutdown quickly faded, sparking further redemptions by Friday.

The US market drove most of the outflows, totaling $1.22 billion, while Germany and Switzerland saw modest inflows of $41.3 million and $49.7 million, respectively.

Bitcoin funds led the losses with $932 million in outflows, followed by Ethereum at $438 million, though short Bitcoin ETPs logged $11.8 million in inflows, their strongest week since May 2025.

Despite the bearish trend, select altcoins showed resilience. Solana led with $118 million in inflows, bringing its nine-week total to $2.1 billion.

Alchemy Rebuilds Solana’s Infrastructure for Institutional Demand

Amid growing demand for Solana funds, Web3 infrastructure provider Alchemy has rebuilt its Solana stack from the ground up, aiming to deliver near-zero downtime, faster transaction speeds, and higher scalability.

Alchemy said its Solana rebuild was the culmination of two years of collaboration with developers across the ecosystem.

Working alongside teams from Bags.fm, Solflare, and Robinhood, the company studied the real bottlenecks developers faced when accessing Solana data and processing transactions.

The result is an all-new generation of RPC and Streaming APIs built specifically for Solana. The upgraded infrastructure delivers 20 times faster archive calls, 99.95% uptime, and double the throughput of its previous version.