Key Insights
- •Solana ETFs experienced their first outflow in over six weeks, totaling $2.22 million on January 16.
- •Weekly Solana ETF inflows reached $46.88 million, with total AUM across funds surpassing $1.2 billion.
- •Solana’s RWA ecosystem hit $1 billion TVL, marking a 25% rise over the past thirty days.
Solana spot ETFs saw their first net outflow in more than six weeks on January 16. Solana ETFs have recorded steady growth since their introduction, attracting both retail and institutional funds.
Solana ETF Flows Remain Positive for the Week
Solana spot ETFs saw net outflows of $2.22 million on January 16, marking their first negative day in more than six weeks. This is the fourth day of withdrawals since these ETFs launched. Investors moved funds out of major Solana exchange-traded funds (ETFs), signaling a pause in recent inflows. The withdrawals come after weeks of strong investor interest.
Solana ETFs have seen their first net outflow in over six weeks, totaling $2.22M on Jan 16th. This is the 4th day of withdrawals since the ETFs launched. Investors pulled funds from major Solana ETFs, signaling a pause in recent inflows. The withdrawals come after weeks of strong investor interest.
— Coin Bureau (@coinbureau) May 14, 2024
Despite the outflow on January 16, Solana ETFs posted a net inflow of $46.88 million for the week from January 12 to January 16. According to Solana Stream, the inflows were led by Bitwise’s BSOL, with $818.4 million in assets under management (AUM), followed by SOLT Volatility Shares at $372.3 million.
Other funds included Grayscale’s GSOL at $197.9 million, REX-Osprey’s SSK at $179.4 million, and Fidelity’s FSOL at $160.2 million. Total cumulative inflows since launch now exceed $860 million, and overall AUM across all Solana ETFs is over $1.2 billion.
Solana’s RWA Ecosystem and Market Outlook
On January 15, Solana’s real-world asset (RWA) ecosystem reached a new all-time high (ATH) of $1 billion in total value locked (TVL). On-chain data shows mid-week peaks between $1.1 billion and $1.12 billion, reflecting a 25% rise over the past 30 days. Market analysts noted, “The RWA growth continues steadily, but questions remain about long-term sustainability.” Investors are monitoring both ETF flows and on-chain activity as Solana navigates price fluctuations.
However, Solana’s price saw a dip of 6.09% within 24 hours, bringing the current trading value to $133.67. Analysts are monitoring how the price behaves around its support level. Based on BitGuru, if Solana holds at its support level, it could trigger a bounce back toward its previous highs.
Despite recent outflows from Solana ETFs, the cryptocurrency’s ecosystem continues to experience strong demand and active growth. While some traders remain cautious, many believe that Solana’s momentum can continue into 2026.