Solana News Today: Solana ETPs Attract $311.5M Weekly Inflows 3.4x Surge as ETF Hopes Drive Institutional Demand

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Monday, Jul 28, 2025 10:33 am ET1min read
Aime RobotAime Summary

- CoinShares reports Solana-based ETPs saw $311.5M weekly inflows, a 3.4x surge from $92.6M, driven by growing institutional demand.

- This outpaced XRP products by 64.29% despite XRP’s larger market cap, fueled by speculation of an earlier-than-expected Solana ETF approval.

- The SEC’s revised ETF submission deadline and Bloomberg’s Eric Balchunas highlight the REX-Osprey Solana Staking ETF’s strong performance and $134M AUM.

- Analysts project a dedicated Solana ETF could attract $55B in AUM, contrasting weaker demand for XRP/Bitcoin ETFs, amid U.S. crypto-friendly regulatory shifts.

CoinShares data reveals that Solana (SOL)-based digital products, including exchange-traded products (ETPs), experienced a record $311.5 million in weekly inflows during the period ending July 19, marking a significant 3.4x increase compared to the previous week’s $92.6 million inflow [1]. This surge propelled mid-term inflows to $551 million and annual flows to nearly $1 billion, underscoring growing institutional demand for the asset. The performance outpaced XRP-based products by 64.29% in inflows, despite XRP’s 86.4% larger market capitalization [1]. Analysts attribute this trend to mounting speculation that a spot Solana ETF could receive regulatory approval earlier than the current October 2025 deadline [1].

The U.S. Securities and Exchange Commission (SEC) has allowed applicants to resubmit revised ETF proposals by July 31, incorporating language on systematic withdrawal and physical redemption mechanisms. A 30-day review period would follow, potentially accelerating the approval process [1]. Bloomberg ETF analyst Eric Balchunas noted that the REX-Osprey Solana Staking ETF ($SKK), launched earlier this year, demonstrated a "strong opening" and ranks in the top 1% of ETFs by performance, despite its composition of both SOL and jitoSOL tokens [1]. With $134 million in assets under management (AUM), the product has bolstered confidence in Solana’s institutional appeal.

If approved, a dedicated spot SOL ETF is projected to attract $55 billion in AUM within its first year, based on current market valuations [1]. This forecast contrasts with weaker demand anticipated for XRP and Litecoin ETFs, which analysts view as less compelling in the "Altcoin ETF summer" narrative [1]. The recent passage of regulatory bills such as GENIUS, CLARITY, and Anti-CBDC by the U.S. Congress has further signaled a potential shift toward accommodating crypto products [1].

The rapid inflows into Solana-based ETPs highlight a strategic shift among traditional financial (TradFi) institutions to secure exposure before potential ETF listings. However, the SEC’s evolving regulatory timeline and the complexity of incorporating staking mechanisms into ETF frameworks remain key uncertainties.

Source: [1] [title] Solana ETPs Record ATH Weekly Inflows, Institutions FOMO SOL [url] https://solanafloor.com/zh/news/solana-etps-record-ath-weekly-inflows-institutions-fomo-sol

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