Morgan Stanley Drives Solana ETF Inflows as SOL Reclaims $100
Solana spot ETFs snatched up millions in fresh cash as SOL pushed back past $100.
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Key takeaways
- SOL token price crossed back over the $100 mark.
- Six Solana ETFs tracked by Farside pulled in $3.6 million on Aug. 26.
- BSOL and VSOL were the only two products reporting positive net flows.
SOL popped back over $100 as institutional buyers poured fresh cash into Solana investment products.
$3.6 million. That is the net capital six tracked Solana ETFs pulled in on Aug. 26, according to Farside data. Morgan Stanley helped propel the broader buying surge as total inflows touched $9 million alongside SOL's price bump.
Targeted Capital Flows
That institutional money didn't spread out evenly. Out of the six tracked Solana funds, exactly two—BSOL and VSOL—clocked positive net flows for the session. The rest couldn't generate a lick of positive movement.
Why it matters
Big Wall Street money isn't buying altcoin products on a whim. When capital piles strictly into specific funds like BSOL and VSOL while SOL reclaims $100, that's calculated positioning, not retail hype. The big question now: can these fund flows keep pace with SOL's price push?
Source: CryptoSlate
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