Solana ETF Hits $200M as Institutional Flows Surge

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The REX-Osprey Solana staking ETF (SSK) has surpassed $200 million in cumulative flows, marking a significant milestone amid Solana’s strong price performance. This surge follows initial institutional hesitation and reflects growing corporate treasury strategies embracing SOL. The fund’s success coincides with Solana’s DeFi ecosystem crossing $13 billion in total value locked.

  • Solana ETPs saw $177 million in inflows during August 25-29, the largest altcoin flow excluding Ethereum
  • Major firms including Galaxy Digital and Multicoin Capital are pursuing a $1 billion Solana treasury through public company vehicles
  • Solana's DeFi ecosystem crossed $13 billion in total value locked for the first time on September 12
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