Bloomberg Analyst: About Half of Solana ETF Inflows Come from Institutional Buyers with Assets Under Management Exceeding $100 Million

Odaily News: Eric Balchunas, a Bloomberg ETF analyst, posted on platform X, stating that since the launch of the spot ETF in July, SOL has dropped by 57% (which is arguably one of the worst launch timings in ETF history). However, these ETFs have still cumulatively attracted $1.5 billion in inflows, with essentially no significant redemptions. Furthermore, approximately 50% of the assets come from institutional investors filing 13F reports—indicating a fairly serious and professional investor base. Both points are very positive signals for the future.

Odaily: The 13F report is a quarterly holdings report that the U.S. Securities and Exchange Commission (SEC) requires institutional investors with assets under management exceeding $100 million to submit, based on the Securities Exchange Act.