Daily News 19

Tag: Solana ETFs

  • BlackRock Drives $217M Bitcoin ETF Rebound as Altcoin Funds Extend Winning Streaks

    BlackRock Drives $217M Bitcoin ETF Rebound as Altcoin Funds Extend Winning Streaks

    US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday, led by BlackRock, while spot Ether, $XRP and Solana ETFs extended their positive streaks.

    Bitcoin ETFs recorded $216.7 million in net inflows, reversing Friday’s $201.8 million in outflows, according to SoSoValue. Friday’s withdrawals ended a nine-session inflow run that brought more than $3 billion into the funds.

    Bitcoin (BTC) was trading near $78,700 at the time of writing, up approximately 1.5% over the previous 24 hours, according to CoinGecko.

    BlackRock leads US spot Bitcoin ETF inflows

    BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for most of Monday’s rebound, attracting $205.9 million in net inflows. The figure represented approximately 95% of the total daily inflows across US spot Bitcoin ETFs, according to Farside Investors.

    Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded $6.9 million in inflows, while the Bitwise Bitcoin ETF (BITB) added $4.3 million. Morgan Stanley’s Bitcoin Trust attracted $3.6 million, and Grayscale’s Bitcoin Mini Trust recorded $9.4 million in inflows.

    VanEck’s Bitcoin ETF (HODL) was the only fund to post net outflows, recording $13.4 million in withdrawals. The remaining funds reported no flows.

    US spot Bitcoin ETF flows. Source: SoSoValue

    US spot Bitcoin ETF flows per fund. Source: Farside Investors

    Ether, $XRP and Solana ETFs extend inflow streaks

    Spot Ether ETFs attracted $87.7 million on Monday, extending their inflow streak to 11 consecutive trading sessions.

    BlackRock’s iShares Ethereum Trust ETF (ETHA) led the category with $59.9 million in inflows, followed by Grayscale’s Ethereum Mini Trust with $13.5 million and Fidelity’s Ethereum Fund with $9.3 million, according to Farside Investors.

    $XRP ETFs recorded $5.64 million in net inflows, marking their 10th consecutive positive session, according to SoSoValue. The funds have attracted capital during every US trading session since Aug. 18.

    Solana ETFs also posted a 10th straight session of inflows. However, daily inflows fell to $925,010 from $18.1 million on Friday, making Monday’s total the weakest of the current run.

  • Crypto ETFs Attract $2.07 Billion as Bitcoin and Ether Lead Weekly Inflows

    Crypto ETFs Attract $2.07 Billion as Bitcoin and Ether Lead Weekly Inflows

    Crypto ETF demand broadened this week as Bitcoin funds recorded $924.48 million in net inflows and Ether funds attracted $824.42 million. Capital also moved into altcoin ETFs, with Solana, $XRP and $HYPE funds posting positive flows in every trading session.

    Bitcoin ETFs record $924.48 million in weekly inflows

    Bitcoin ETFs received $337.56 million on Monday and $314.37 million on Tuesday. Inflows continued with $232.12 million on Wednesday and $242.24 million on Thursday, lifting combined assets above $100 billion for the first time in weeks.

    The streak ended on Friday with a $201.81 million outflow. The withdrawal closed a nine-session run of inflows worth roughly $3 billion and brought the weekly total to $924.48 million.

    BlackRock’s IBIT led the market with $938.3 million in weekly inflows. Grayscale’s Bitcoin Mini Trust added $81.9 million, Fidelity’s FBTC attracted $62 million and Morgan Stanley’s MSBT recorded $25.3 million.

    Outflows included $85.2 million from ARK 21Shares’ ARKB, $77.6 million from Grayscale’s GBTC and $16 million from Bitwise’s BITB.

    Bitcoin ETFs end August with net inflows worth $3.31 billion. Source: Sosovalue

    Ether ETF inflows reach $824.42 million

    Ether ETFs maintained stronger momentum throughout the week. Daily inflows increased from $115.57 million on Monday to $179.80 million on Tuesday, $192.35 million on Wednesday and $234.51 million on Thursday. A further $102 million entered the funds on Friday, taking the weekly total to $824.42 million.

    Macroeconomic conditions remained sensitive to interest-rate expectations. U.S. GDP grew at a 1.5% annualized pace in the second quarter, while July core PCE inflation remained at 3.3% year over year. Personal spending rose 0.2% during the month, keeping inflation data and Federal Reserve policy central to investor decisions.

    Solana, $XRP and $HYPE ETFs attract consistent demand

    The widening demand for altcoin ETFs was reflected in the weekly performance of Solana, $XRP and $HYPE funds.

    Solana ETFs attracted $153.87 million, more than five times the previous week’s $28.34 million and the second-largest weekly inflow since inception. Flows remained positive across all five trading sessions, while weekly turnover more than doubled to approximately $699 million. SOL ended near $103.41, around 14% above the previous week’s level.

    Solana ETFs delivered the second-biggest weekly inflow since inception. Source: Sosovalue

    $XRP ETFs recorded $110.49 million in inflows, compared with $39.78 million a week earlier. Positive creations were reported every day, and weekly trading turnover increased to approximately $363 million.

    $HYPE posted an even sharper acceleration. Weekly inflows reached $56.86 million, up from $3.89 million in the previous period, after five consecutive positive sessions. Assets ended the week near $439 million.

    The sustained daily inflows mark an important development for the altcoin ETF market. Previous weekly gains often relied on one or two strong sessions, but Solana, $XRP and $HYPE funds attracted new capital from Monday through Friday.

    Two consecutive weeks of more than $2 billion in combined crypto ETF inflows have placed institutional demand among its strongest stretches of the year. The latest data also indicates that investors are increasingly allocating capital beyond Bitcoin and Ether.

  • Analyst Says Signal Has Triggered, Altcoin Could Rally 50%

    Analyst Says Signal Has Triggered, Altcoin Could Rally 50%

    Solana ($SOL) is showing strong on-chain fundamentals despite its recent price pullback, according to crypto analyst Ali Martinez. The data suggests that Solana could begin a new upward move toward $150 if key support and resistance levels are cleared.

    Solana network growth remains strong

    Data shared by Martinez shows that the price of $SOL has declined approximately 8.31% since August 26, falling from $110.50 to $100.40. However, activity on the Solana network continues to expand. An average of 9.5 million new addresses were created each day over the past week.

    Martinez said sustainable network growth is an important indicator of adoption, noting that similar trends have appeared before major Solana price rallies.

    Whale holdings and ETF inflows increase

    Demand from large investors has also strengthened. The number of wallets holding at least 10,000 $SOL has increased by 1.58%, with 52 new whale wallets recently joining the network.

    Institutional demand has remained positive as well. Spot Solana ETFs traded in the United States have recorded net inflows for seven consecutive weeks. Martinez reported that more than 1.2 million $SOL, worth approximately $120 million, flowed into the ETFs last week alone.

    Solana exchange balances decline

    Another bullish signal highlighted by Martinez is the decline in Solana held on cryptocurrency exchanges. Exchange balances fell by 4.91% over the past week, representing withdrawals of approximately 2.6 million $SOL.

    According to Martinez, the trend points to rising demand and could indicate lower short-term selling pressure across the market.

    $103 support becomes crucial for SOL price

    From a technical perspective, the $103 level is a key support zone for Solana. On-chain data indicates that approximately 39 million $SOL were purchased in this region.

    If the $103 support level holds, traders are likely to monitor $123 and $132 as important resistance areas. Each zone has a cost density of approximately 20 million $SOL.

    Martinez said that a break above the $123 and $132 resistance levels could accelerate the uptrend and open the way for a potential move toward $150.

    This is not investment advice.

  • Solana Breaks 10-Month Slump as Institutional Investment Surges

    Solana Breaks 10-Month Slump as Institutional Investment Surges

    Solana traded near $106 on Sunday afternoon after reaching $110.38 on Aug. 27, its highest price since late January. $SOL has gained roughly 46% this month and is about 80% above its June low, pushing Solana’s market value back toward $61 billion.

    Institutional Money Starts Chasing Solana

    The rally ended 10 consecutive monthly declines and gave Solana its strongest month since 2024. However, $SOL remains well below its January 2025 all-time high ($ATH) near $293, making August a comeback rather than a period of price discovery. Solana would need to rise another 63.5% to reclaim that record.

    Regulated investment products have provided a visible source of buying demand. U.S. spot Solana exchange-traded funds (ETFs) have attracted roughly $1.34 billion in cumulative net inflows since launching in October 2025, according to data from sosovalue.com. Bitwise’s BSOL Solana fund, which also operates as a staking ETF, has surpassed $1 billion in assets under management.

    Solana ETF statistics via sosovalue.com on Sunday, Aug. 30, 2026.

    Another major distribution channel is also approaching. On Aug. 27, Charles Schwab announced plans to add spot $SOL, avalanche (AVAX) and chainlink (LINK) to Schwab Crypto in the coming months. Schwab oversees more than $12 trillion in client assets across approximately 39 million brokerage accounts.

    Corporate buyers are entering the market as well. Defi Development Corp. purchased 19,000 $SOL at an average price of $98.14, increasing its holdings to approximately 2.33 million $SOL. Goldman Sachs also disclosed roughly $88 million in Solana ETF exposure in its latest regulatory filing.

    Solana Governance Vote Could Tighten Future Supply

    Solana has completed its first binding onchain governance vote. SGP-0002, dubbed “Double Disinflation,” passed with 67% support from participating stakeholders, narrowly exceeding the required two-thirds threshold.

    The proposal doubles Solana’s annual disinflation rate from 15% to 30%. In practical terms, new $SOL will enter circulation at a much slower rate sooner, while the network retains its eventual 1.5% inflation floor. Estimates suggest the change could reduce issuance by roughly 18.9 million $SOL over six years.

    The impact will not be immediate. Developers must still complete the software work and activate the policy across the network, making implementation the next key checkpoint for traders monitoring Solana’s future supply.

    Record Network Traffic Tests Solana’s Capacity

    The price rally also coincided with heavy network activity. The Kobeissi Letter reported on Aug. 25 that Solana processed a record 4.2 billion transactions in July, 13.5% more than in June and roughly 91% above December 2025 levels. Between Aug. 17 and Aug. 23, the network processed approximately 1.32 billion non-vote transactions, setting another weekly record.

    Blockworks data image showing Solana’s transfer count via The Kobeissi Letter’s X post on Aug. 25.

    Additional capacity is already scheduled. Transaction V1, planned for Sept. 9, will increase the maximum transaction size from 1,232 bytes to 4,096 bytes, giving applications considerably more space to package data within individual transactions.

    Storage costs could also decline. Solana’s planned rent reduction may eventually cut the deposit required to store data onchain by 90%, lowering expenses for developers building token accounts, non-fungible tokens and tokenized real-world assets.

    September Could Determine Whether Solana’s Rally Continues

    Leverage amplified August’s move, with more than $16 million in Solana short positions liquidated during the breakout toward $109, according to Coinglass.com derivatives data. Forced buying can accelerate a rally, but the same mechanism can intensify losses when momentum reverses.

    September will present a more difficult test. $SOL traders will monitor the first rent reduction, the Transaction V1 upgrade on Sept. 9, faster transaction times and progress toward the planned Alpenglow consensus upgrade in October. These milestones could help determine whether August marked the beginning of a larger Solana recovery or simply produced the token’s sharpest rebound in nearly a year.

    Feature and hero image via sosovalue.com metrics.