Solana ETF inflows plummeted by 96% in the week ending September 4, dropping from $153.87 million in the week ending August 28 to $6.18 million. Despite this, the week still recorded net inflows, and as of September 4, the total net assets held by Solana ETF products were approximately $1.41 billion, a slight decrease from $1.43 billion in the previous week.
According to SoSoValue data, Bitcoin ETFs saw net inflows of $986.85 million during the same period, while Ethereum ETF net inflows decreased by 74% to $218.41 million. Analysts suggest that the sharp slowdown in Solana ETF inflows, coupled with a decline in trading volume, indicates weakening investor demand.
Solana ETF Inflows Plummet 96%, From $153.87 Million to $6.18 Million
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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