US Solana Spot ETF Sees $13.6M Inflows as Institutional Interest Grows

The US Solana spot ETF recorded a net inflow of $13.6 million on January 7, 2026, according to recent data. This represents a significant increase from the previous day's $9.22 million inflow. The movement indicates renewed institutional interest in the cryptocurrency asset class.

Market participants attributed the inflows to a broader trend of portfolio rebalancing after a period of outflows. Institutional investors have been adjusting positions in the wake of tax-loss harvesting and year-end liquidity shifts. This aligns with the broader pattern seen in other digital asset ETFs at the start of the year.

Bitcoin ETFs also experienced notable flows early in January. On January 5, they recorded $645.8 million in net inflows, reversing a trend of outflows in late December. This was seen as a sign of renewed institutional appetite for the asset class.

Why Did This Happen?

The inflow into Solana ETFs comes amid regulatory and structural changes in the crypto space. In July 2025, the SEC approved generic listing standards for spot crypto ETFs. This regulatory clarity has been a key driver in expanding institutional participation.

Morgan Stanley, a major player in traditional finance, filed for its own Bitcoin and Solana ETFs on January 6. This move signals the bank's deeper commitment to digital assets, following in the footsteps of firms like BlackRock and Fidelity. Morgan Stanley's decision suggests increased institutional confidence in crypto as a legitimate portfolio component.

How Did Markets Respond?

The broader crypto market responded to the inflows with mixed signals. On January 6, Bitcoin ETFs saw a reversal with $243 million in outflows. However, BlackRock's IBIT remained the only product with positive flows during that session. This highlights the varying levels of confidence across different institutional investors.

Ethereum ETFs, on the other hand, continued to see inflows, with $115 million added on January 6. This marked three consecutive days of positive flows for Ethereum products, indicating sustained interest in the staking-yield narrative.

Solana ETFs have shown consistent performance compared to Bitcoin and Ethereum. They have attracted nearly $800 million in total net inflows since mid-2025. The recent $13.6 million inflow on January 7 builds on this trend.

What Are Analysts Watching Next?

Analysts are closely monitoring the legal risks facing Solana. A class-action lawsuit involving key figures from Solana Labs and the Solana Foundation was expanded in late 2025. The case alleges that certain projects within the Solana ecosystem exploited retail investors during meme coin launches. Until the outcome is resolved, this remains a potential overhang on the asset.

Bitcoin ETF flows are also under scrutiny. While the first two trading days of 2026 saw $1.2 billion in inflows, the following day recorded the largest single-day outflow since October 2025. This volatility is typical for early-stage ETF products but could signal changing investor sentiment if the trend continues.

Market participants are watching how these ETFs integrate into broader institutional portfolios. Morgan Stanley has expanded crypto access to all client accounts, removing previous $1.5 million minimum barriers. This move is seen as a milestone in crypto adoption by traditional financial institutions.

The long-term outlook for crypto ETFs remains positive. With over $191 billion in total assets under management as of late 2025, these products are reshaping how institutional capital views digital assets. The ability to stake assets within ETF structures, as proposed by Morgan Stanley for Solana, adds a new dimension to returns.