Solana ETF Logs 21-Day Inflow Streak Before First Outflow

Solana spot ETFs achieved 21 consecutive days of positive net inflows before recording a modest net outflow on November 26. Cumulative flows reached $613 million, and total net assets are close to $918 million.

Daily inflows, consistently in the multi-million-dollar range, highlight strong and steady institutional demand despite recent volatility. This remarkable streak aligns with major institutional actions such as Franklin Templeton’s upcoming ETF launch and accelerated accumulation by current providers.

Record Inflow Streak Defies Market Volatility

Solana ETFs, which began trading in late October 2025 following SEC approval, have maintained a notable inflow pattern. SoSoValue data shows $53.08 million in net inflows on November 25 and $57.99 million on November 24. However, the streak paused on November 26, when Solana ETFs posted an $8.10 million net outflow—the first negative reading since October 28. This consistency stands out even as SOL’s November price performance has been mixed.

As of reporting hours, SOL was trading at $142.93. Institutional investors appear undeterred by short-term price swings. This mirrors early Bitcoin ETF launches, during which institutional buying remained steady despite fluctuations.

US SOL Spot ETF Inflow/Outflow. Source: SoSoValue

The Bitwise Solana Staking ETF (BSOL) has become a key avenue for institutional exposure. Based on official Bitwise announcements, BSOL exceeded $500 million in assets under management in the first 18 days. The fund currently holds 4.31 million SOL, valued at about $587 million.

On-chain data provides additional insight into these accumulation patterns. Recently, Bitwise withdrew 192,865 SOL ($26.39 million) from Coinbase—part of a broader pattern of exchange outflows into ETF custody wallets. These movements transparently confirm institutional buying.

Franklin Templeton Entry Signals Expanding Institutional Interest

Franklin Templeton, which manages $1.7 trillion in assets, has filed for a Solana spot ETF. Featuring a competitive 0.19% management fee, this development has added momentum to the market. Many expect increased inflows once the fund launches.

The entry of established asset managers into Solana-based products validates the blockchain’s appeal with institutions. Franklin Templeton’s prior work with blockchain integration, such as its tokenized money market fund, positions it well to bring operational efficiencies to ETF management.

21 CONSECUTIVE DAYS!!!