Solana ETF Inflows Plummet 96% as Investors Flock to Bitcoin

Solana-focused exchange-traded funds (ETFs) saw a dramatic slowdown in capital inflows, raising questions about investor appetite for the token. Net inflows across nine Solana ETF products totaled just $6.18 million in the week ending September 4, 2026, a 96% decline from the prior week's $153.87 million.

This sharp pullback coincided with a broader rotation of capital toward Bitcoin funds, which pulled in $986.85 million over the same period. Solana itself traded around $103 at the time, roughly where it sat during the late-August inflow surge that pushed the token above $100 and produced the strongest weekly inflow of 2026.

Despite this decline, the nine funds held approximately $1.41 billion in net assets as of September 4, down only marginally from $1.43 billion a week earlier. However, the collapse in inflows arrived alongside falling volume, suggesting that investors were not merely shifting between products but stepping back from the funds altogether.