Institutions Chalked Up $540M Worth of SOL ETFs in Q4
US Solana ETFs attracted $540 million in institutional investment during Q4, led by investment advisors and hedge funds.Summary
US-based spot Solana ETFs saw significant institutional investment in Q4, totaling over $540 million, according to Bloomberg ETF analyst James Seyffart. Investment advisors accounted for the largest share at over $270 million, followed by hedge fund managers at $186.4 million. Electric Capital Partners and Goldman Sachs were the top two buyers, with $137.8 million and $107.4 million in Solana ETF exposure, respectively. The holdings represent approximately 4.3 million SOL tokens, though their market value has decreased by over 30% since the end of Q4. Despite the price decline, net flows into Solana ETFs have remained steady, and 50% of ETF assets are held by 13F-filing firms, indicating a serious investor base. Total inflows into US spot Solana ETFs since launch have reached $952 million.
(Source：Cointelegraph)