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Solana News Update: Institutional Support and ETFs Channel $420M Into the Solana Ecosystem

Solana News Update: Institutional Support and ETFs Channel $420M Into the Solana Ecosystem

Bitget-RWA2025/11/23 10:54
By:Bitget-RWA

- 21Shares launched the first U.S. Solana ETF (TSOL), attracting $100M in assets and reflecting growing institutional confidence in Solana's scalability. - Competitors like Fidelity and Bitwise expanded Solana-focused products, with sector inflows reaching $420M amid broader altcoin ETF momentum. - Canada-listed Sol Strategies raised $20M to purchase 122,000 SOL tokens, while DeFi Development Corp. integrated Solana-based liquid staking tokens. - Retail demand surged with 17 consecutive inflow days, totali

The

blockchain is witnessing a notable increase in both institutional and retail investments, fueled by the introduction of new exchange-traded funds (ETFs) and key alliances that reflect rising trust in the network’s scalability and performance. 21Shares, a prominent crypto asset manager, has recently launched the (TSOL) on the Chicago Board Options Exchange (CBOE), and granting investors direct access to SOL’s spot price without requiring them to own the token themselves. This fund enters a rapidly growing market of Solana-centric offerings, joining established players such as Fidelity, Bitwise, VanEck, and Grayscale, who already provide similar products.

Interest in Solana ETFs has grown rapidly,

across the industry. This surge is part of a larger movement in altcoin ETFs, in the near future. Earlier regulatory delays, partly due to the U.S. government shutdown, have now been resolved, paving the way for a wave of new listings. that Bitwise’s ETF is set to launch soon, aiming to meet the growing demand for diversified crypto investment options.

Solana’s institutional support is further strengthened by

, through securities to expand its stake in the blockchain. The firm has already used $20 million from a $500 million convertible note to acquire over 122,000 SOL tokens. At the same time, to utilize Solana-based liquid staking tokens (LSTs), allowing users to stake SOL while maintaining liquidity for DeFi activities. These initiatives highlight Solana’s strengths in high-speed infrastructure and practical applications.

The platform’s technical development is also drawing interest.

Solana News Update: Institutional Support and ETFs Channel $420M Into the Solana Ecosystem image 0
. to support its public presale, taking advantage of the blockchain’s fast transaction speeds and ecosystem resources. The project intends to transition to its own Layer-1 chain by 2027 but is currently leveraging Solana for its initial phase.

Experts believe these advancements are in line with Solana’s objective of maintaining 1.5% annual inflation via staking and network optimization. The synergy of ETF-driven interest, institutional funding, and innovative applications is positioning Solana as a stronger competitor to

and other leading blockchain platforms.

There is also clear excitement among retail investors,

, with $48.5 million entering the market in a single day in late November. Since their inception, total inflows have topped $476 million, signaling a broader trend toward crypto assets following the achievements of and Ethereum ETFs. that the company’s U.S. Solana ETF builds on its European track record, where its Solana ETP has accumulated over $1 billion in assets since 2021.

As the cryptocurrency sector evolves, Solana’s capacity to combine scalability with institutional adoption is expected to shape its progress in the year ahead.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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