 
 
Bloomberg ETF analyst James Seyffart revealed Monday that the highest 30 institutional holders of US spot Solana ETFs scooped up over $540 million in This fall — signaling critical institutional urge for food for SOL.
Silicon Valley powerhouse Electrical Capital Companions and monetary big Goldman Sachs led the cost, snapping up the biggest stakes in US spot Solana ETFs — which solely hit the market final October.
Notably, Electrical Capital and Goldman Sachs grabbed the highest two spots, shopping for $137.8M and $107.4M in Solana ETFs, whereas Elequin Capital, SIG Holding, and Multicoin Capital accomplished the elite prime 5.
Morgan Stanley and Citadel Advisors joined the frenzy, snapping up spot Solana ETFs following Bitwise’s launch of the primary SEC-approved spot SOL ETF on October 28, which was one of many hottest ETF launches of 2025.
Seyffart’s insights are drawn from mid-February 13F filings with the SEC, the place establishments managing $100M+ should reveal their This fall holdings — providing a transparent take a look at who’s betting huge on the seventh-largest cryptocurrency.
 
Funding advisors dominated spot Solana ETF possession with over $270M, adopted by hedge funds at $186.4M. Holding firms and brokerages added $59.5M and $20.3M, whereas banks trailed with simply $4.5M — displaying who’s actually driving the SOL frenzy.
Spot Solana ETFs now maintain a complete of $814.3 million in property underneath administration. It now represents roughly 1.66% of Solana’s whole $49.7 billion market cap.
4.3M SOL tokens underpinning the $540M in ETF holdings have misplaced roughly 30% of their worth since This fall, tumbling from $124.95 to $86.53 — marking a rollercoaster trip for crypto buyers.
In the meantime, main cryptos rebounded on Monday as hopes for a ceasefire within the US-Iran battle triggered a threat‑on rally — with Solana main the cost larger. SOL gained 4.1% to $86.49, in line with CoinGecko.
Solana has plunged 57% since US ETFs launched, but the funds have nonetheless amassed $1.5B in flows — and haven’t “actually given any of it up,” Seyffart’s colleague, Eric Balchunas, lately famous. Half of these inflows come from institutional buyers, which Balchunas hailed as a “critical investor base” and a bullish sign for SOL’s future.
