Los ETFs of Solana spot have established a new recordeven surpassing the two heavyweights in the sector. Data of SoSo Value revealed that the funds accumulate 21 consecutive days of entrieseven despite the correction that accuses SOL of 29% according to Adewale Olarinde en Ambrypto.
The streak began on October 28, making Solana the first cryptocurrency ETF to maintain inflows for so long without interruption.
For context, the highest consecutive streaks recorded by the ETFs Bitcoin y Ethereum since their launch they have been 20 daysa threshold that Solana has already surpassed.
Institutions continued buying even during a sharp price drop
What makes the streak more notable is the timing. While inflows continued daily, the price of SOL fell drastically, going from approximately 195 to 137 dollarsrepresenting a reduction of approximately 29% over the same period.
The price chart shows that from the end of October to the end of November, Solana experienced constant bearish pressure.
However, institutional demand through the ETF did not stop for a moment, indicating that ETF buyers averaged their entry despite the short-term volatility.
This divergence, consisting of persistent entries into a bear market, is unusual for newly launched cryptocurrency ETFs.
Historically, declines tend to slow inflow momentum. Instead, the Solana ETF continued to absorb capital.
Daily entries remain strong
The latest SoSoValue data shows:
- Daily net income (November 25): $53.08 million
- Accumulated net income: 621.32 million dollars
- Total net assets: $888.25 million
- Total value traded (November 25): $37.51 million
Solana ETFs now represent the 1.15% of SOL market capitalization. However, the ETFs de Bitcoin y Ethereum still have greater market penetration, with a 6.54% and 5.16%, respectively.
Why might institutions be hoarding?
Analysts point out several factors:
- Los high staking returns continue to attract risk-tolerant institutional strategies
- The strong developer traction has kept Solana near the top of blockchain activity metrics
- The long term perspective indicates that Solana remains one of the fastest growing L1 networks, despite recent price weakness
ETF flows alone cannot determine near-term price, but they do offer a clearer view of institutional sentiment, and institutional sentiment currently appears resilient.
What comes next?
If the inflow streak extends into December, Solana could set a new benchmark for early-stage ETF demand in cryptocurrencies.
The key question is whether the price will eventually catch up with ETF accumulation, but the behavior of ETF buyers suggests that they are positioning for the long term, not trading based on the daily chart.
Solana closes Wednesday higher at $143.29. The 200-period moving average is above the last twenty-three candles, RSI is up at 44 points and the MACD lines are below the zero level.
Medium-term resistance is at $253.50. Meanwhile, Ei indicators are mixed.