Solana News Today: "Solana ETFs See Growth as Token Declines: Higher Staking Returns Drive Investors to Switch"

Solana ETFs have bucked the overall market downturn, attracting $44.48 million in new investments on Friday and marking four consecutive days of positive inflows, according to SoSoValue. This stands in stark contrast to

and ETFs, which saw investors pull out $191.6 million and $98.2 million, respectively, as capital shifted toward alternative coin funds, as reported by . The Bitwise ETF (BSOL) led the inflows, accumulating $222.8 million in assets since its inception and jumping 4.99% in value just on Friday. Experts point to rising interest in staking rewards and emerging narratives within the crypto space as key drivers behind this movement.

Yet, Solana's (SOL) price has dropped 8% over the past week, wiping out its gains for the year and slipping below the $180 mark. Even with the launch of the first U.S.-listed Solana spot ETFs, the token has lagged behind Bitcoin and Ethereum, both of which are still up more than 40% for the year, according to

. Blockchain data showed that Jump Crypto transferred 1.1 million to Galaxy Digital, fueling speculation that the company might be reallocating assets into Bitcoin. This move, along with widespread profit-taking, has dampened market sentiment.

Despite recent outflows, Bitcoin ETFs still managed to bring in $931 million in net new funds for the week ending October 24, 2025, pushing their yearly total to $30.2 billion. BlackRock’s ETF offerings have continued to see steady investments even amid market swings, though analysts warn that the overall environment remains unstable, as highlighted in

. In contrast, Ethereum ETFs have accumulated $14.37 billion in total inflows but are now under pressure from recent withdrawals.

The move toward Solana signals a broader change in investor focus. Vincent Liu from Kronos Research observed that this shift demonstrates a "rising interest in fresh narratives and opportunities for yield through staking." He also mentioned that Solana’s strong performance could continue if Bitcoin and Ethereum stabilize, though macroeconomic developments could alter the trend.

The introduction of new crypto ETFs, such as Bitwise’s Solana Staking ETF and Grayscale’s revamped Solana Trust, has heightened competition among altcoin products. While these new offerings have attracted early attention, their effect on Solana’s price has been mixed. At present, the success of Solana ETFs stands in contrast to its on-chain performance, highlighting the intricate relationship between product innovation and investor sentiment in the cryptocurrency market.