Investors poured $44 million into Solana ETFs as Bitcoin products saw heavy outflows, signaling a short-term rotation toward staking yields and new narratives.
Posted November 3, 2025 at 9:02 am EST.
Spot Solana ETFs saw $44.48 million in inflows Friday, their fourth straight day of gains, while capital exited Bitcoin and Ethereum products. Total inflows into Solana ETFs reached $199.2 million, pushing assets past $502 million.
Bitwise’s Solana ETF led with a 4.99% daily gain. In contrast, spot Bitcoin ETFs lost $191.6 million Friday, following $488.43 million on Thursday and $470.71 million Wednesday. Ethereum ETFs shed $98.2 million Friday, bringing cumulative inflows to $14.37 billion.
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Vincent Liu of Kronos Research described the movement as capital rotation driven by appetite for staking yields and emerging narratives. He expects momentum to persist next week unless macro developments create volatility.
Bitwise’s Solana Staking ETF launched Tuesday with $222.8 million in assets, offering an estimated 7% staking yield. Canary introduced LTC and HBAR ETFs, while Hong Kong approved its first spot Solana ETF. Grayscale’s Solana Trust conversion to ETF format remains anticipated.
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