Solana News Today: Institutions Stake Big on Solana ETFs Amid Crypto Winter

The U.S. Solana (SOL) spot ETF landscape is experiencing a surge in institutional interest, with the REX-Osprey Staking Solana ETF (SSK) reporting $47.9 million in net inflows as of Oct. 25, pushing its assets under management to over $400 million. This growth underscores a broader trend of institutional adoption of altcoin exposure, particularly in the context of a crypto bear market, according to a crypto.news report. The SSK ETF, which stakes a portion of its holdings through liquid staking tokens, has seen weekly inflows rise from $14.5 million to $24 million in the latest reporting period.

Reliance Global Group (RELI) has further signaled confidence in Solana's infrastructure by acquiring SOL tokens to diversify its digital asset reserves. The firm, which already holds Bitcoin, Ethereum, Cardano, and XRP, cited Solana's high-throughput network and cost efficiency as key drivers for the move in a Cardanofeed report. This strategic acquisition aligns with Reliance's broader objective to enhance liquidity management and risk diversification in its crypto portfolio.

Bitwise's entry into the Solana ETF space has also captured attention. The firm's BSOL Staking ETF, launched on Oct. 28, generated $69.5 million in net inflows on its debut, marking the strongest ETF launch of 2025, according to The Block. The fund, which stakes 100% of its holdings directly and offers 7% annual yield through Helius Labs, outperformed rival offerings like the REX-Osprey SSK ETF, which relies on indirect staking mechanisms, according to Coinotag. By comparison, newly launched HBAR and Litecoin ETFs saw zero inflows on day one, highlighting the disparity in institutional demand for different altcoins.

Technical analysis suggests Solana's price could face further upward momentum. The token traded at $195 on Oct. 25, up 12% from its monthly low, while its market capitalization surpassed $105 billion, and analysts note that the ETF inflows, combined with Solana's robust on-chain metrics—such as a 55% surge in 30-day transaction volume to $48 billion—position it as a strong contender for institutional capital. JPMorgan analysts predict that mainstream Solana ETFs from firms like VanEck and Fidelity could attract over $6 billion in inflows within their first year.

The success of Solana ETFs is also reshaping market dynamics. Bitwise's BSOL captured 0.27% of Solana's market cap on its debut, with $57.9 million in trading volume—the highest of any 2025 ETF launch, according to FX Empire. This performance aligns with broader expectations that ETF-driven liquidity tightening could amplify price appreciation, particularly as 70% of SOL's circulating supply is already staked, as noted by CryptoSlate. If inflows reach $5–8 billion as projected, analysts estimate SOL could see 60–120% price gains, potentially surpassing $500.