The US Solana spot ETF recorded approximately $5.4 million in net inflows on September 29, extending its seven-day positive inflow streak, with recent weekly inflows approaching all-time highs. Data shows institutions continue to increase their SOL exposure through ETF channels, and the market's long-term capital interest in the Solana ecosystem has not weakened due to recent price fluctuations.
Which assets are affected
Bull and Bear Views
Bulls believe the seven consecutive days of net inflows reflect institutional capital's recognition of Solana's high-performance public chain. If the inflow trend continues, it may drive simultaneous growth in SOL spot demand and network TVL. Bears point out that the single-day $5.4 million scale remains relatively small compared to BTC and ETH ETFs. When macro risk appetite declines, the risk of capital outflows still exists, making it difficult to independently support SOL's price.