Solana ETFs pull in cash while bitcoin and ethereum bleed

Solana ETFs are showing a strikingly different pattern from the rest of the market. In the week through July 2, 2026, U.S. spot Solana ETFs attracted 5.75 million dollars (roughly €5.0 million) in new inflows, while spot bitcoin ETFs lost 527 million dollars (roughly €460.6 million) in the same week and ethereum ETFs saw 13.67 million dollars (roughly €11.9 million) in outflows.

In short 🟣 Solana ETFs: +5.75M dollars (roughly €5.0M) inflows in the week to July 2, while bitcoin and ethereum ETFs lost money 🚀 The week before, Solana ETFs pulled in 39.3M dollars (roughly €34.4M) — the best ETF week of 2026 so far 🏦 Bitwise's BSOL fund alone captured 36M dollars (roughly €31.5M) of that inflow 🤝 XRP and Solana ETFs combined for 49M dollars (roughly €42.9M) in positive weekly net inflows 💰 The Bitwise Solana Staking ETF (BSOL) now manages 595.88M dollars (roughly €521.1M) in assets ⚠️ The inflows are happening independently of the SOL price itself, which remains under pressure

Inflows despite price pressure

While bitcoin and ethereum ETFs saw net outflows in the first week of July, investors kept sending capital toward Solana products. That's notable, since the SOL price was under pressure over the same period. The divergence suggests that part of institutional demand is becoming more structural, rather than simply tracking the daily price.

The week before, through June 25, was actually the strongest of 2026 so far for Solana ETFs: a combined 39.3 million dollars (roughly €34.4 million) was raised, with the Bitwise Solana Staking ETF (BSOL) alone accounting for 36 million dollars (roughly €31.5 million) of that. BSOL now manages 595.88 million dollars (roughly €521.1 million) in assets, making it one of the key anchors for institutional exposure to Solana in the United States.

Solana and XRP moving together

Solana isn't alone: combined with XRP ETFs, the first week of July saw 49 million dollars (roughly €42.9 million) in positive net inflows, even as the broader market faced headwinds.

This fits a broader pattern of institutional investors spreading their crypto exposure across multiple networks rather than concentrating solely on bitcoin and ethereum. Network fundamentals such as transaction volume and revenue appear to be playing a role alongside pure price momentum.

Conclusion

The continued inflows into Solana ETFs, despite a weaker price and a tough broader market, point to growing and potentially more structural institutional interest in the network. Investors following this story should keep tracking ETF flows as an additional indicator alongside price action, without automatically treating it as a buy signal.

Sources: Bitwise. Last checked: 8 July 2026.