Solana News Update: Investors Shift Toward XRP ETFs, Bringing Solana's 21-Day Inflow Streak to a Close

Solana ETF Inflow Streak Ends Amid Market Turbulence

Solana (SOL) exchange-traded funds, once a beacon of institutional optimism for the blockchain, saw their impressive streak of daily inflows come to a halt on November 27, 2025. On that day, Solana ETFs experienced their first net outflow, totaling $8.1 million, after 21 consecutive sessions of positive inflows. This reversal was largely attributed to the 21Shares Solana ETF (TSOL), which faced $34.37 million in redemptions, pushing the sector into negative territory. Despite this setback, other Solana ETFs, such as Bitwise's BSOL and Grayscale's GSOL, continued to attract investor capital, helping to cushion the overall outflow.

The abrupt end to Solana's inflow streak highlights the increasing volatility within the crypto ETF sector. Since their inception, Solana ETFs had managed to defy broader market declines, amassing $568 million in net inflows. However, the recent outflow has exposed the fragility of investor confidence. The TSOL fund, now holding $86 million in net assets after cumulative outflows of $26 million, became the focal point of this shift. Experts point to a mix of profit-taking, macroeconomic uncertainty, and a rotation of funds toward other assets—such as XRP ETFs, which have maintained a flawless inflow record since launching on November 14—as key drivers behind the change.

Solana ETFs have outperformed their Bitcoin and Ethereum counterparts, which have struggled in recent months. In November alone, Bitcoin ETFs saw $3.79 billion in outflows, while Ethereum ETFs lost $1.64 billion. In contrast, Solana funds attracted $414 million during the same period. This resilience was supported by competitive fees, staking yields reaching up to 7%, and strong institutional interest in Solana's high transaction throughput—reportedly processing 70 million transactions daily. Nevertheless, the latest outflow suggests that even robust fundamentals may not fully insulate Solana from broader market anxieties.

Investors are now closely monitoring the situation for signs of stabilization. Despite the $8.1 million outflow, Solana ETFs still manage $964 million in assets, representing 1.15% of the blockchain's $79 billion market capitalization. Meanwhile, XRP ETFs have surged, accumulating $643 million in inflows without a single day of net outflows. In contrast, Dogecoin ETFs have underperformed, with Grayscale's GDOG ETF recording only $1.4 million in trading volume on its first day.

The contrasting performances among crypto ETFs reflect shifting institutional preferences. While Solana's total value locked has dropped by 32% since September, indicating some bearish sentiment, continued ETF inflows suggest ongoing faith in the blockchain's long-term potential. As markets contend with uncertainty around Federal Reserve policy and rising interest rates, the coming weeks will reveal whether Solana's institutional support can persist or if the recent outflow marks the start of a broader reassessment of risk. For now, the story of Solana ETFs encapsulates the ongoing tension between innovation and volatility in the cryptocurrency sector.