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I just saw that the Fidelity fund of Solana had a pretty strong inflow recently, over 9 billion dollars in a single day according to SoSoValue. The interesting part is that this brings the total accumulated in the fund to 151 million since its launch.
Overall, the spot SOL ETFs are moving quite a bit of money. The total value is around 770 million dollars, and Solana already accounts for nearly 1.7% of all assets in these funds. Considering that Solana is one of the main assets in emerging markets within the crypto sector, these numbers reflect how emerging market ETFs are gaining traction among institutional investors.
What catches my attention is that the historical accumulated inflows already exceed 980 million. It seems there is real institutional interest in these products, not just speculative movements. Solana continues to demonstrate why it is relevant in the emerging assets ETF portfolio.