Solana ETFs have recorded significant net inflows of $674 million over the past week, even as the price of SOL has dropped 55% from its all-time high. On Tuesday alone, $16.6 million was added to these funds. Despite a 2% weekly decline in SOL's price, the ETFs, which include REX-Osprey’s staked SOL and Bitwise’s BSOL, continue to attract investment, with $57 million in trading volume reported in October.
The sustained inflows are attributed to institutional interest in Solana's scalability and its growing DeFi ecosystem. This trend highlights the confidence investors have in Solana's long-term potential, despite current market challenges.
Solana ETFs Attract $674 Million Despite Price Decline
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