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21Shares Rolls Out Sixth Spot Solana ETF as Inflows Hit Sixteen-Day Streak - Crypto Economy

TL;DR

  • 21Shares filed for its sixth spot Solana ETF with a low fee.
  • Fidelity and VanEck also launched their own Solana investment funds.
  • Solana ETF inflows continued for sixteen consecutive days straight.

Asset manager 21Shares submitted a final prospectus for a new spot Solana exchange-traded fund, following its approval published by the SEC on the agency’s official website. The fund becomes the firm’s sixth Solana ETF and carries a 0.21% management fee. The filing comes one week after the company launched two crypto index ETFs.

Other financial institutions have expanded their presence in this market segment. Fidelity began trading its FSOL fund on NYSE Arca, applying a 0.25% fee and a 15% charge on staking rewards. Canary Capital, in partnership with Marinade Finance, introduced the SOLC fund on Nasdaq, with a plan to stake all SOL holdings for at least two years. VanEck launched its VSOL fund with $7.32 million in assets and a temporary fee waiver.

Institutional Inflows Extend to a Sixteenth Day

Data from Farside Investors shows a sustained streak of sixteen consecutive days of net positive inflows into Solana ETFs. Bitwise led with $388.1 million in total inflows. Grayscale recorded $28.5 million, while Fidelity added $2.1 million. VanEck contributed $1.8 million to the overall total. Combined activity brought total inflows to $421 million, with no outflow days, indicating steady institutional demand for regulated Solana exposure.

![](data:image/svg+xml,%3Csvg%20xmlns=‘http://www.w3.org/2000/svg’%20viewBox=‘0%200%201024%20300’%3E%3C/svg%3E)

Interest in these ETFs has driven speculative demand for SOL, generating greater liquidity and increasing the token’s exposure to traditional investors. If US financial regulators approve any of these funds, there could be a significant increase in Solana’s valuation, as it would allow institutional capital to enter without the need to directly acquire the digital asset.

From a technical standpoint, Solana’s main support is near $132, while immediate resistance is around $145–$150. Breaking above that range could mark the beginning of a new bullish phase, especially if enthusiasm for ETFs continues to grow.

SOL2.39%
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