Since July 2025, the Solana ETF has attracted $1.45 billion in net inflows, despite a 57% decline in SOL price. Bloomberg Industry Research analyst Eric Balchunas pointed out that, after market capitalization adjustment, this inflow is equivalent to $54 billion in Bitcoin ETFs—about twice the early performance of Bitcoin. This resilience indicates that institutional investors such as hedge funds and asset management firms are actively absorbing funds, buying based on long-term investment strategies, effectively setting a high-confidence floor for the market even in the face of sharp price drops.