Solana ETFs Attract $369M in November Despite Price Slump

[etfs]

Solana-based ETFs saw more than $369 million in inflows throughout November, defying the heavy outflows hitting Bitcoin and Ethereum funds. Investors were drawn to advertised 5–7% staking rewards, fueling multiday inflow streaks as the wider crypto market fell. However, despite ETF enthusiasm, SOL’s price has been unable to recover, sliding to a five-month low near $120.

[Nahid Hossen]

Even with the price dip, $369M flowing into SOL ETFs shows massive institutional trust.