Solana ETFs Attract $70 Million Despite Price Drop

While Solana’s price continues to fall, dropping to $161 — down 8% in 24 hours — institutional investors are showing strong interest in its exchange-traded funds.

On November 3, 2025, Solana spot ETFs recorded $70 million in net inflows, marking a new daily high. This came as both Bitcoin and Ethereum spot ETFs saw notable outflows, with $187 million and $136 million withdrawn respectively.

According to data, most inflows went to Bitwise’s BSOL ETF, which absorbed $66.5 million, while Grayscale’s GSOL added $4.9 million. In total, U.S.-listed Solana ETFs have now accumulated over $269 million in net inflows and $513 million in net assets.

This growing demand shows investor confidence in Solana’s ecosystem and its ability to sustain capital interest despite short-term price weakness. Analysts suggest that Solana’s strong developer activity and network performance are key drivers behind the continued inflows.

Solana’s current downtrend has erased around 20% of its value in a week and 30% over the past month, extending its October correction. After reaching nearly $250 in late summer, SOL is now testing the $160–$150 zone.

Bullish forecasts still see potential for new all-time highs by late 2025, but more cautious traders expect another dip to lower levels before a strong recovery begins.

Despite near-term pressure, analysts agree that Solana’s ETF momentum and on-chain activity demonstrate a maturing investor base — one focused more on long-term growth than short-term price swings.