Solana ETFs See Second-Largest November Inflows Amid Rising Demand During Market Slump

Spot Solana (SOL) exchange-traded funds continued their uninterrupted inflow streak on Wednesday, marking 17 consecutive trading days of net additions since launching on Oct. 28 — even as bitcoin and ether ETFs saw sizable outflows.

U.S. spot SOL ETFs brought in $48.5 million on Wednesday, pushing total net inflows to $476 million, according to data from Farside. The latest haul represents the second-largest single-day inflow so far in November.

This persistent streak — the longest run of continuous positive flows among crypto ETFs this year — stands in sharp contrast to the performance of more established products. Bitcoin ETFs have shed roughly $2.96 billion in November, while ether ETFs have seen around $107 million in net outflows, Farside data shows.

Bitwise’s BSOL led Wednesday’s activity with $35.9 million in fresh capital, followed by Grayscale’s GSOL, which attracted $12.6 million. Fidelity’s FSOL and VanEck’s VSOL also recorded modest inflows.

The steady demand for Solana exposure comes despite a broader market pullback. The CoinDesk 20 Index (CD20) has fallen 12% over the past week, underscoring investor interest in SOL even as broader crypto sentiment weakens.

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