Solana ETFs continued to attract inflows over the past week, even as SOL’s price struggled.
Some investors may be positioning early for 2026. They could be choosing regulated ETF exposure to buy during dips, rather than chase short-term price strength.
Steady inflows in a choppy market
Solana-linked ETFs saw net inflows over the past seven trading days. Since the 3rd of December, total inflows have been roughly $23 million, led largely by Bitwise’s BSOL, Grayscale’s GSOL, and Fidelity’s FSOL.
BSOL alone attracted consistent daily additions, while GSOL and FSOL also saw modest but steady gains.
Source: Farside Investors
Not all funds shared the same trend. 21Shares’ TSOL continued to see outflows during the period — that offset part of the demand.
Investors could potentially be selectively adding exposure through ETFs. They’re picking gradual accumulation over positioning during uncertainty.
The market welcomes 2026… shakily
Solana’s price action through 2025 has been cautious. After peaking above $240 earlier in the year, Solana [SOL] lost momentum, sliding below key MAs and ending the year near the $130 level.
Weekly RSI is subdued and showed weak buying interest. OBV trended lower, so volume has yet to confirm a sustained rebound.
Source: TradingView
The structure indicated consolidation instead of a trend reversal. For now, SOL appears stuck in a wait-and-see phase — where its price drags it down but LTHs keep it floating.
How quickly price catches up with ETF-led demand could decide SOL’s early 2026 trajectory.
A cautious outlook
Aggregated Open Interest has largely moved sideways, staying around the $2.8 billion mark. Traders are not adding aggressive new positions.
At the same time, Funding Rates have stayed slightly positive, so there’s a mild long bias… but without the leverage seen during strong rallies.
Source: Coinalyze
Traders appear willing to hold existing exposure, but are hesitant to believe in a near-term breakout. In contrast to steady ETF inflows, derivatives data shows limited speculative appetite.
Final Thoughts
- Solana ETFs pulled in $23M in a week — accumulation during price weakness.
- ETF inflows contrast with flat derivatives activity, so traders could be positioning for the long-term.