Solana Rebounds as Major Institutions Add Exposure and ETFs Continue to See Inflows

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Solana rebounds as major institutions add exposure and ETF inflows continue

Institutional investor interest in Solana is rapidly increasing, with financial giants Rothschild Investments and PNC Financial Services disclosing their holdings in the newly established Solana exchange-traded fund (ETF).

Important points:

  • Rothschild and PNC reveal new Solana ETF holdings.
  • Bitwise’s Solana Fund saw large inflows despite the market downturn.
  • SOL rebounded around $169 as technical signals improved.
  • Analysts are eyeing a continuation if momentum can be maintained.

Their submissions are as follows Solana While Bitcoin and Ethereum funds face large redemptions, the commodity continues to attract inflows.

Recently disclosure Rothschild Investments LLC, which manages approximately $1.5 billion in assets, reported to the U.S. Securities and Exchange Commission its ownership of 6,000 shares of the Solana Volatility ETF (SOLZ), valued at approximately $132,000. PNC Financial Services, which oversees about $569 billion, also disclosed 1,453 shares of SOLZ stock worth about $32,000.

Both institutions join a growing list of traditional players, including Heck Capital Advisors, Belvedere Trading, and Tactical Advisors, which have steadily accumulated exposure to Solana through ETF vehicles.

Bitwise Solana ETF maintains momentum

Adding to the bullish momentum, Bitwise’s Solana ETF recorded over $126 million in inflows in its first full week of trading and posted eight consecutive days of net gains. The momentum was as follows Bitcoin and Ethereum During the same period, ETFs recorded combined outflows of $2.6 billion, indicating a notable rotation in institutional demand.

Bitwise Solana Staking ETF (BSOL) and Grayscale Solana ETF (GSOL) combine to Accumulated Total inflows over the past two weeks were approximately $336 million. The BSOL fund alone accounts for $323.8 million and is driven by investor interest in Solana’s staking yield and on-chain performance.

SOL price bounces off major support

Solana’s price action reflects this optimism. SOL has risen nearly 5% in the past 24 hours, trading around $169, recovering from recent lows around $150. According to CoinMarketCap, this recovery has coincided with an increase in ETF inflows and a more than 50% increase in trading volume, indicating renewed confidence among market participants.

The daily chart shows that SOL has recovered from its mid-October slump and momentum indicators are starting to pick up. The MACD histogram is approaching a bullish crossover zone and the Relative Strength Index (RSI) is back above 43, suggesting an improvement in sentiment. Analysts highlight the $150 level as an important support level and note that sustained buying pressure could push SOL into the $180-$200 range.

Solana Rebounds as Major Institutions Add Exposure and ETFs Continue to See Inflows

Meanwhile, open interest rose 3% to $7.8 billion, according to Coinglass data, and futures positions on CME and Binance rose 5% and 4%, respectively, also indicating consolidation of bullish positioning.

According to analyst Ali Martinez, the $147.49 level remains Solana’s most important support based on Glassnode’s realized price distribution data. The chart shows a dense cluster of addresses accumulating SOL around that price point, making it a key zone for maintaining the current bullish structure if market volatility returns.

Institutional investor interest could redefine Solana’s market outlook

The combination of steady ETF inflows and increasing institutional exposure highlights Solana’s evolution from a fast-growing blockchain to an established investment-grade asset. Solana’s integration into mainstream finance may be just beginning, as ETFs offer a regulated entry point for traditional investors.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any particular investment strategy or cryptocurrency. Always do your own research and consult a licensed financial advisor before making any investment decisions.

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Solana Rebounds as Major Institutions Add Exposure and ETFs Continue to See Inflows

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over eight years of experience covering the crypto, blockchain and fintech industries, he is well-versed in the complex and evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and detailed content. Follow his publications to stay up to date on the most important trends and topics.

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