Solana News Today: First Approved Solana Staking ETF Reaches $105.4M in Inflows Amid Market Stabilization

Generated by AI AgentCoin World
Wednesday, Jul 23, 2025 9:07 pm ET1min read
SOL
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Aime RobotAime Summary

- REX-Osprey SOL Spot ETF, first approved Solana staking ETF, reported $0 net flows on July 23, 2025, but cumulative inflows reached $105.4M since launch.

- Zero net flows followed a $12.6M inflow on July 17 amid U.S.-China trade deal-driven market optimism, suggesting short-term stabilization rather than declining demand.

- The ETF's structure mitigates custody risks by offering indirect Solana exposure, attracting institutional/retail capital through regulated instruments despite mixed daily flow data.

- Total inflows highlight confidence in Solana's blockchain potential, with analysts noting consolidation periods may precede catalysts like network upgrades.

BlockBeats News, July 24 — The REX-Osprey SOL Spot ETF, a newly launched exchange-traded fund focused on

Solana
(SOL), reported zero net flows on July 23, 2025, according to Farside Investors data. Despite this, the fund’s cumulative total net inflows since its launch have reached $105.4 million, as highlighted by BloomingBit [1]. This figure indicates sustained investor interest in the product, which holds the distinction of being the first Solana staking ETF to secure regulatory approval and operational traction [1]. The July 23 update follows a $12.6 million net inflow recorded on July 17, as noted by The Economic Times [4].

The lack of net flows on July 23 does not necessarily signal waning demand. Instead, it may reflect short-term stabilization in investor activity amid broader market dynamics. The July 17 inflow coincided with a U.S.-China trade agreement that triggered a 400-point surge in the Dow Jones Industrial Average [4]. Such macroeconomic shifts often influence risk appetite, indirectly impacting crypto-related ETFs. The REX-Osprey fund’s structure allows investors to gain exposure to Solana without directly holding the underlying asset, mitigating custody and regulatory risks. This design has likely broadened its appeal, contributing to the $105.4 million in total inflows despite mixed short-term flow data.

The ETF’s performance underscores a growing trend of institutional and retail capital entering the Solana ecosystem through regulated financial instruments. Analysts have not provided forecasts or commentary in the cited sources, emphasizing that the analysis remains strictly data-driven. The absence of net flows on July 23 could indicate a period of consolidation, with investors potentially awaiting catalysts such as Solana’s network upgrades or broader market movements. The fund’s ability to attract $105.4 million in cumulative inflows highlights confidence in its operational model and the long-term potential of the Solana blockchain.

Source:

[1] [U.S. Solana Staking ETF Sees $12.6 Million Net Inflow] (https://bloomingbit.io/en/feed/news/93394)

[2] [REX-Osprey SOL Spot ETF Had No Net Flows Yesterday] (https://www.moomoo.com/hans/news/flash/20740744/rex-osprey-sol-spot-etf-had-no-net-flows-yesterday)

[3] [Top Solana News News Today | Binance Square] (https://www.binance.com/en/square/news/solana-news)

[4] [Dow Jones Rises 400 Points After Trade Deal] (https://m.economictimes.com/crypto-news-today-live-23-jul-2025/liveblog/122843865.cms)