TechFlow, Nov. 2 — According to TradingView data, Solana spot ETFs have seen inflows for the fourth consecutive day—adding approximately $44.48 million as of Friday, bringing cumulative inflows to $199.2 million and total assets surpassing $502 million.
Meanwhile, Bitcoin spot ETFs recorded a net outflow of about $191.6 million on the same day; Ethereum-tracking spot ETFs saw a net outflow of approximately $98.2 million.
Market analysis suggests this trend reflects capital shifting from Bitcoin/Ethereum into Solana ETFs, potentially driven by Solana's "staking yield" and emerging narrative opportunities within its ecosystem.
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