US Spot Solana ETFs Record $2.82M One-Day Inflow, Signaling Continued Institutional Interest
US spot Solana (SOL) exchange-traded funds recorded a combined net inflow of $2.82 million on Feb. 5 (EST), according to SoSoValue. Fidelity’s spot SOL ETF (FSOL) led the day with $1.86 million in inflows and has cumulative net inflows of $158 million. Bitwise’s spot SOL ETF (BSOL) added $1.48 million for the day and holds a historical total of $682 million. Earlier reporting from Feb. 3 showed smaller, but positive flows—for example Fidelity’s FSOL had $1.19 million that day—highlighting a pattern of recurring institutional purchases via spot ETF products. As of the latest report, total net asset value (NAV) for Solana spot ETFs stood at $675 million, with Solana’s share of ETF net assets at about 1.51% and cumulative lifetime inflows totaling roughly $874 million. These inflows indicate sustained institutional demand for SOL through spot ETF structures. This content is market information and not investment advice.
Bullish
Repeated single-day net inflows into US spot Solana ETFs — including a $2.82M combined inflow on Feb. 5 led by FSOL and BSOL — point to ongoing institutional demand for SOL via regulated ETF wrappers. For traders, this is a bullish signal for SOL price pressure: sustained ETF inflows increase institutional buying demand and can reduce available circulating supply on exchanges, supporting upward price momentum in the short term. Historically, recurring inflows into spot ETFs have correlated with positive price moves for the underlying asset. Over the medium to long term, continued and growing ETF AUM (NAV currently ~$675M and cumulative inflows near $874M) suggests structural demand that can underpin higher valuations, assuming macro conditions remain favorable and no major network or regulatory shocks occur. However, size of flows remains modest relative to total crypto market liquidity, so while directionally bullish for SOL, the magnitude of immediate price impact may be limited and prone to reversal if flows stall or macro risk emerges.