DeFi Intel

Solana ETF inflows surge 70x to best week since May, but there’s a catch

Solana spot ETFs recorded $10.26 million in net inflows for the week ending August 14, roughly 70 times the prior week's $144,930 and their strongest week since May 22, according to SoSoValue data. However, the surge was concentrated in just two funds, with most capital coming from Bitwise and Morgan Stanley. The inflow rebound did little to lift SOL's price, which remained weak at $96.11, down 3.64%.

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