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Solana ETFs record 7-day inflow streak despite price slump

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 16 Views

The first SOL ETF was launched in July, followed by Bitwise’s SOL ETF in October, which recorded $57 million in first-day trading volume.

Solana (SOL) exchange-traded funds (ETFs) recorded a seven-day inflow streak, despite SOL’s downward price performance and a broader downturn in the crypto market.

Tuesday marked the highest day of inflows during the seven-day streak, with about $16.6 million in capital flowing into SOL ETFs, according to data from investment management company Farside Investors.

This brings the total net inflow into SOL ETFs to $674 million at the time of this writing, data from Farside shows.

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