Solana ETFs Surge to Strongest Inflow Since May as SOL Price Remains Stagnant
Solana's ETFs have seen their strongest inflow since May, with $8.8 million pouring in on August 10.
Bitwise's BSOL took nearly the entire amount, lifting total Solana ETF net assets to around $906 million and pushing cumulative inflows past $1.15 billion.
The SOL price has remained stagnant near $76 despite increased network activity, creating a growing divergence between token price action and rising activity in RWA, stablecoins, tokenized equities, and perps.