Solana ETFs Hit a Weekly High as Altcoin Deposits Surge

Solana ETFs flows are showing signs of bouncing back, even as SOL struggles to find upward mobility.

The Solana funds just pulled in $6.7 million, bringing the category’s total assets under management to $689.8 million according to data maintained by crypto data and research firm Farside Investors.

The list includes the Bitwise Solana Staking ETF, or BSOL; VanEck Solana ETF, or VSOL;  Fidelity Solana Fund, FSOL; 21Shares Solana ETF, or TSOL; Franklin Solana Trust, or SOEZ; and the Grayscale Solana Staking ETF, or GSOL.

ETF flows sometimes lag spot price action, particularly in newer crypto funds where allocators tend to be longer-term and less reactive to short-term volatility. SOL funds began trading in the U.S. in October and November 2025.

At the time of writing, Solana had dropped 3.6% in the past day and was changing hands for $122.74, according to data from crypto price aggregator CoinGecko. SOL has lost about 5.6% compared to last month.

Solana ETF investors have been less reactive to geopolitical and macroeconomic pressures than their their Bitcoin and Ethereum ETF counterparts. While BTC and ETH funds saw a combined $1.6 billion in outflows last week, Solana funds pulled in $17 million, according to a weekly report by digital asset manager Coinshares.

With two trading days left in the week, SOL funds have already seen more than $11 million in net deposits, according to the Farside data.

Even though ETF flows have been resilient, that doesn’t mean traders think SOL will outperform silver. Myriad users were feeling optimistic about Solana reaching $150 before the precious metal earlier this week, but that flipped early Thursday morning.

Users now rate that silver has a 55% chance of reaching $150 before SOL after the odds jumped by 15% in the past 24 hours. Meanwhile, the silver spot price has climbed 2.6% in the past day to $120.35 per ounce. In the past week, the silver price has gained 23.8%.

Altcoins showing resilience

SOL isn’t the only altcoin that’s proving resilient in the current market. CryptoQuant Head of Research Julio Moreno wrote earlier this week that altcoin deposits had surged to the highest they’ve been in months, with Binance and Coinbase leading the way.

Assets with the highest transaction inflow counts so far in January include Chainlink (LINK), Shiba Inu (SHIB), Axie Infinity (AXS), Aave (AAVE) and Uniswap (UNI), he told Decrypt, noting that Crypto.com and Bitget have also seen a big uptick in altcoin deposits.

“Overall, this robust activity suggests that despite inconsistent price action in early 2026, with prices whipsawing and down as of publication, underlying network and exchange participation remains strong,” Moreno added.