Solana ETFs Inflow Hits 17-Day Streak as SOL Price Extends Recovery Above $140

TLDR:

• Solana ETFs recorded a 17-day inflow streak as institutions continued adding positions across issuers.
• Bitwise led new inflows with 424 million dollars, contributing to a combined 476 million dollar total.
• SOL traded near 142 dollars with rising daily volume despite a weekly decline of more than eight percent.
• Traders monitored a possible extended correction after comments from veteran market participant Matthew Dixon.

Solana continued to attract strong institutional interest as its ETF products recorded 17 straight days of inflows.

 The latest figures showed sustained demand across several issuers despite a volatile market backdrop. Data from CryptosRus captured another green day for the products. The broader Solana market held steady as investors tracked price activity and trading trends.

Solana ETFs Inflows Extend 17-Day Run

Institutional inflows remained positive across the ETF lineup. 

CryptosRus reported fresh increases from Bitwise, VanEck, Fidelity, and Grayscale. Bitwise recorded the largest addition with 424 million dollars. The combined total reached 476 million dollars after the latest buying round.

Market sentiment stayed mixed as traders reacted to shifting conditions. 

However, Solana ETF flows maintained their upward direction. Fidelity added 7.5 million dollars while Grayscale posted 41.1 million dollars. VanEck followed with 3.5 million dollars, extending its own streak.

Solana’s resilience continued to draw focus across social channels. 

CryptosRus noted that institutions kept accumulating through the turbulence. The post highlighted the steady green prints since the ETF launch. The uninterrupted run created renewed attention on Solana’s positioning.

SOL Price Holds Near $142 as Traders Eye Structure

Solana traded around $142 today according to CoinGecko. The token posted a 1.82 percent gain in the past 24 hours. Weekly performance showed an 8.31 percent pullback. Trading volume reached more than 7.1 billion dollars during the same window.

Traders assessed price structure while examining near-term signals. 

Veteran trader Matthew Dixon commented on the broader pattern in a recent post. He noted uncertainty around impulsive formations from Solana’s all-time high. His view pointed to a possible extended correction phase.

Market watchers monitored the possibility of a triangle formation. 

Dixon suggested such a pattern could emerge as volatility eased. He noted that a longer-term correction remained possible. The comment added context to Solana’s current structure.

Institutional activity contrasted with the token’s recent pullback. ETF buyers continued stacking positions despite choppy conditions. The combined flows suggested stable interest at current levels. Market participants tracked the dynamic between inflows and price action.