Recently, I’ve seen interesting data about who is seriously buying Solana ETFs. It turns out it’s not ordinary retail traders, but rather market makers and large institutional investors who are the main buyers. This is like a signal that the price of 1 Solana and its long-term prospects are starting to attract serious attention.

The circulating data shows that Electric Capital Partners has already invested more than $137 million, followed by Goldman Sachs Group with over $107 million. Even Elequin Capital is quite sizable with $87.9 million. Surprisingly, Morgan Stanley is also involved here with an estimated position of around $15.308 million.

Looking at this list of investors, it seems that Solana ETF has already caught the attention of serious institutional players. The combination of Solana’s relatively accessible price and its continuously evolving technology appears to be attracting their interest. It will be interesting to watch how this develops in the future.