Solana-focused exchange-traded funds in the U.S. are maintaining exceptional momentum, marking their 17th consecutive day of inflows on Wednesday — a streak that has continued uninterrupted since the products debuted on Oct. 28.
The funds drew in $48.5 million during the latest session, bringing total net inflows to $476 million, according to figures from Farside. The latest allocation also represents the second-largest daily intake for SOL ETFs so far in November.
The surge in Solana ETF interest comes at a time when investors are pulling back from more established crypto products. Bitcoin ETFs have seen roughly $2.96 billion in net outflows this month, while ether ETFs have shed around $107 million.
Among Solana offerings, Bitwise’s BSOL accounted for the bulk of Wednesday’s inflows with $35.9 million. Grayscale’s GSOL followed at $12.6 million, with smaller contributions from Fidelity’s FSOL and VanEck’s VSOL.
The persistent inflows highlight strengthening demand for Solana exposure even as the broader market struggles. The CoinDesk 20 Index (CD20) has fallen 12% over the past week, yet capital continues to move steadily into SOL-based ETF products.
