- VanEck advances its spot Solana ETF with a Form 8-A filing as demand for SOL products grows.
- Solana ETFs post a long streak of inflows, reaching about $370M despite broader market weakness.
- Institutions continue buying SOL exposure while combined ETF and treasury reserves exceed 24 million tokens.
Solana ETFs continue to gain attention as institutional inflows advance despite a weaker market. VanEck moves closer to launching its spot Solana ETF after filing Form 8-A with U.S. regulators. The filing appears during rising demand for SOL-based products and growing interest in exposure to Solana’s staking ecosystem.
Early Filing Signals a Possible Launch Window
VanEck has submitted a Form 8-A with the U.S. SEC for its spot Solana ETF. This filing often appears close to the launch of a new product, so it may allow trading once regulators complete their review. The firm continues its process after an amended S-1 last month that listed a 0.30% fee and described a staking plan through SOL Strategies.
The filing arrives during an active period for new crypto ETF attempts, even as the U.S. government shutdown continues. Solana remains one of the most followed assets in this cycle because early ETF activity produced steady inflows. Interest stays firm even though SOL trades lower in the spot market.
Data from SoSoValue shows Solana ETFs recorded their thirteenth straight day of inflows. About $1.49 million entered on Thursday, taking total inflows to roughly $370 million since late October. Bitwise’s BSOL led the session, while Grayscale saw no inflow. Analysts report that interest exceeded early forecasts.
Institutional Flows Continue Despite Market Weakness
SOL trades near $143 after a daily decline, though its market cap remains close to $79 billion. Grayscale has also begun options trading for its GSOL product, which provides more flexibility for institutional traders.
Four Solana ETFs currently operate while ten wait for approval. They have posted inflows for twelve straight days, even as BTC and ETH products recorded outflows. Combined reserves from treasury firms and ETFs now hold more than 24 million SOL.
Some analysts describe Solana ETFs as a “high-beta complement” to BTC and ETH products. Early inflows also show interest from institutions seeking exposure to staking yields and Solana’s broader ecosystem. The inflow pattern also reflects continued buying during the recent market decline.
