Solana ETPs Record ATH Weekly Inflows as Institutions FOMO into $SOL

Solana-based digital products, like funds and ETPs, are experiencing capital inflows at record volumes.

TradFi’s insatiable demand for Solana-based investment vehicles is likely driven by growing optimism that $SOL ETF approvals may come sooner than anticipated. 

What does Solana’s record digital products inflows tell us about market sentiment, and what kind of capital inflows can we expect to see if ETFs are approved?

$311M Pours into Solana-Based Digital Products

TradFi firms appear desperate to secure a position and front-run $SOL ETF listings. According to CoinShares data, Solana-based digital products witnessed a record $311.5M in capital inflows over the past week.

Setting a new all-time high in weekly flows, the $311.5M is over three times higher than the previous high of 92.6M, recorded just two weeks ago on July 12. This brings MTD flows to over $551M and pushes YTD flows closer to $1B.

Remarkably, Solana-based products enjoyed 64.29% more inflows than $XRP, despite the latter having an 86.4% larger market cap than that of $SOL.

The record-breaking inflows are likely driven by mounting speculation that spot Solana ETFs might be approved sooner than expected.

While the final deadline for approvals is currently set for October 10, 2025, frequent communication between prospective issuers and the SEC suggests regulators are getting towards the business end of the approvals process. 

Latest reports indicate that the SEC has given issuers until the end of July to refile amended applications to include language around staking services and in-kind redemptions. Following this deadline, the SEC will have a further 30 days to review and respond ot the changes.

Despite the administrative back-and-forth, Paul Atkin’s SEC seems eager to get progressive legislation in place for crypto assets as quickly as possible. ‘Crypto Week’ was a resounding success, with the GENIUS, CLARITY, and Anti-CBDC acts all passing in Congress with flying colours.

Solana ETFs Could Witness $5.5B Inflows

If approved, Solana ETFs are expected to witness significant capital inflows, with projections estimating that spot $SOL ETFs could collectively hold up to $5.5B in AUM within one year’s trading at current prices.

Positive sentiment towards Solana ETF inflows is further reinforced by the successful launch of REX-Osprey’s Solana Staking ETF, $SKK. While not considered a “pure” SOL ETF due to its composition of $SOL, 21Shares Solana Staking ETP Shares, and $jitoSOL, an LST, $SKK has already amassed over $134M in AUM. 

Bloomberg Senior ETF Analyst Eric Balchunas asserted that $SSK displayed a “really strong” start in markets, ranking in the top 1% of ETF launches. Solana ETFs are now widely expected to dominate inflows across “Altcoin ETF Summer”, with rival coins like XRP and Litecoin unlikely to attract similar levels of demand.

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