On February 10, Solana ETFs in the United States made a significant turnaround: it was the best result in almost a month, according to data from SoSoValue.
After two consecutive days of cash outflows, they received an inflow of $8.43 million — the highest volume since January 15, when they had pulled $8.94 million. This happened even with Solana experiencing a 4.6% drop in 24 hours, according to CoinGecko.
The one who pulled the line was BSOL from Bitwise, which alone received $7.7 million. The FSOL from Fidelity came right after, with just over $732,000. The other big names, like Grayscale, VanEck, and 21Shares, remained practically still.
With this new inflow, the Solana spot ETFs now total $700.21 million in assets. This is about 1.49% of Solana's total value, which is valued at $46.3 billion.
To compare: Bitcoin ETFs received $166 million on the same day, Ethereum $13.82 million, and XRP only $3.26 million. In other words, Solana was in between, but still above XRP.
Even with this signal of confidence from investors, Solana's price did not hold: it is being traded at $80.56, accumulating a 13% drop for the week and 43% for the month. Standard Chartered even reduced its forecast for 2026 from $310 to $250, but maintained long-term optimism, projecting $2,000 by 2030.
The market climate is heavy, with a lot of pessimism. This comes from the strong drop of Bitcoin, which has already caused liquidations above $1 billion in recent weeks. Additionally, the economic and geopolitical scenario does not help: the American stock market is pressured, and gold ($PAXG ) remains stable after last week's correction.
