The exchange-traded fund (ETF) backed by Solana (SOL) remains a hot topic for Wall Street investors, recording capital inflows that go against the general trend in the digital asset market.
While other assets such as Bitcoin (BTC) and Ethereum (ETH) continue to experience large withdrawals, these instruments have managed to accumulate continued positive flows.
Yesterday, November 17th, Solana-based ETF receives total inflows of $8.26 million The BSOL fund managed by Bitwise was the main recipient of this capital and was the fund with the highest debut on the first day of trading on the stock market, as reported by CriptoNoticias.
This strong performance solidifies the 15th consecutive day of capital inflows; Accumulation of approximately $390 million The net inflows for this period were: This action shows continued interest in digital assets.
The expansion of Solana ETF offerings on Wall Street also sets the tone. Trading began on the VanEck Solana ETF (VSOL) yesterday. Similarly, ETF analysts Eric Balchunas and James Seifert. They are expecting the arrival of two new similar products. It is managed by the companies Canary Capital and Fidelity, increasing competition and increasing the options available to investors.
In contrast, ETFs investing in Bitcoin and Ether have faced recent challenges. Bitcoin fund in negative territory for 4 consecutive daysplus capital outflows, amounting to $1.84 billion.
Meanwhile, Ether products have accumulated 5 days of production, with total withdrawals reaching $911 million. This notable difference in flow dynamics highlights the growing demand for Solana within the traditional financial ecosystem.
