Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Solana News Update: Solana ETFs Draw $370 Million in Investments While Token Approaches $100 Support Level

Solana News Update: Solana ETFs Draw $370 Million in Investments While Token Approaches $100 Support Level

Bitget-RWA2025/11/17 23:36
By:Bitget-RWA

- VanEck submitted a Form 8-A for its Solana ETF, nearing SEC approval as the first U.S. spot SOL ETF candidate. - Canary Capital paused Solana ETF filings to await regulatory clarity, contrasting with VanEck's aggressive filing strategy. - Solana's price fell to $142 amid $370M ETF inflows, highlighting divergent institutional demand and bearish technical indicators. - Staking features and institutional adoption boost long-term SOL appeal, but short-term risks include $100 support breakdown and regulatory

VanEck's latest regulatory submission has established the asset manager as a key contender in the effort to introduce a

(SOL) spot ETF to the U.S. market. On November 13, 2025, the company filed a Form 8-A with the Securities and Exchange Commission (SEC), . This step aligns with a wider industry movement to broaden crypto-asset investment options beyond and . VanEck’s ETF is designed to directly hold tokens and mirror the MarketVector Solana Benchmark Rate. The filing further , depending on regulatory and tax factors—a feature that could appeal to investors seeking yield.

At the same time, competitor Canary Capital Group has halted new Solana ETF applications,

, which is a stricter path for ETF approval. Canary’s current spot ETF, which debuted earlier this month, has already reached $58 million in trading volume, surpassing some Solana-related funds. The company’s CEO, McClurg, over Solana, which is still closely associated with crypto-native platforms.

Solana News Update: Solana ETFs Draw $370 Million in Investments While Token Approaches $100 Support Level image 0
Despite increasing interest from institutions, Solana’s native asset has faced significant price swings. , after breaking through important technical support and ending a multi-year upward trend. Although Solana ETFs have attracted $370 million in total inflows, , with net inflows falling to $1.49 million, raising concerns about decreasing investor interest. Broader market movements have worsened the price drop, including and $1.4 billion in net outflows from U.S. ether ETFs.

Analysts are highlighting a precarious technical situation for SOL.

a crucial support area near $140, with limited buying interest below that level. Furthermore, to absorb additional losses, increasing the likelihood of a slide toward $100. This stands in contrast to , which recorded $118 million entering Solana last week, largely due to new U.S. spot ETFs offering staking.

The gap between ETF inflows and price performance underscores the difficulties facing this asset class. While VanEck’s application and staking options may support long-term demand, short-term market sentiment remains negative.

, and the funding rate adjusted for open interest turned negative, signaling that traders are favoring short positions.

Institutional involvement with Solana extends beyond ETFs.

from its Solana-based assets in its third-quarter report, highlighting the blockchain’s rising popularity as a treasury holding. Meanwhile, VanEck’s soon-to-launch ETF could further mainstream institutional participation, though .

As the SEC continues to review crypto-ETF applications, the upcoming weeks will be crucial for Solana. A successful ETF launch could restore investor optimism, but the risk of SOL dropping to $100 remains amid ongoing market uncertainty.

---

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: Dual Pressure on Bitcoin as Kiyosaki Predicts Crash and Yen Unwinding Intensifies

- Robert Kiyosaki warns of a historic crash while selling $2.25M BTC, advocating Bitcoin/silver as economic hedges despite contradictory actions. - Japan's stimulus and weak yen trigger global liquidity strains, creating a "double squeeze" that risks amplifying market volatility and BTC price swings. - Bitcoin's 70% historical correlation with Nvidia earnings highlights tech sector interdependence, with $4.4T stock positioning potentially driving crypto market ripples. - Bitcoin Munari's $0.22 presale on S

Bitget-RWA2025/11/30 11:50
Bitcoin Updates: Dual Pressure on Bitcoin as Kiyosaki Predicts Crash and Yen Unwinding Intensifies

No Further Exchange Needed: El Salvador's USDT Card Enables Direct Crypto Spending

- El Salvador launches first self-custody USDT Visa card via Truther and Visa, enabling direct crypto spending without preloading or custodial services. - The non-custodial card deducts USDT in real time during transactions, operating on Polygon and targeting underbanked markets with 24/7 payment systems. - Visa's partnership with Truther aligns with its global strategy to modernize cross-border payments, as stablecoin settlement volumes via its network reach $2.5B annually. - The card's expansion to Argen

Bitget-RWA2025/11/30 11:50
No Further Exchange Needed: El Salvador's USDT Card Enables Direct Crypto Spending

Corporate power further intensifies the K-shaped split in the economy

- JPMorgan identifies a "K-shaped" U.S. economy with divergent income growth, stagnating for prime-age workers and declining for older cohorts. - Corporate dominance exemplified by Live Nation's antitrust case and Microsoft's governance scrutiny highlights systemic market imbalances. - Younger generations and low-income households adopt cautious spending habits amid weak labor markets and flat household cash balances. - Market fragmentation emerges as TSM shows strong investor confidence while crypto faces

Bitget-RWA2025/11/30 11:34
Corporate power further intensifies the K-shaped split in the economy

Regulation and Innovation: SEC Considers the Future of Tokenized Stocks

- Nasdaq proposes blockchain integration for tokenized stocks, seeking coexistence with traditional shares under SEC-regulated frameworks. - WFE warns against crypto platforms bypassing safeguards, urging equal protections for tokenized equities to prevent reputational risks. - SEC's December 4 advisory committee meeting will assess Nasdaq's model, which aligns tokenized shares with existing CUSIP identifiers and NMS rules. - Regulatory outcomes could reshape market dominance: leniency empowers crypto firm

Bitget-RWA2025/11/30 11:34
Regulation and Innovation: SEC Considers the Future of Tokenized Stocks