Solana ETFs pull $369M in November as investors look to productive yield assets

Despite steep redemptions from Bitcoin and Ethereum ETFs, Solana attracted $369 cardinal successful inflows this period arsenic investors progressively presumption SOL arsenic a yield-generating asset.

According to Bohdan Opryshko, co-founder and main operating serviceman of Everstake, some institutions and retail holders are present “treating Solana arsenic a yield-generating plus alternatively than a speculative trade.”

He told Cointelegraph that Solana’s native staking rewards of 5%–7% person created an entreaty that Bitcoin (BTC) ETFs cannot match, and lone a constricted acceptable of Ethereum products presently offer.

Between Nov. 3 and Nov. 24, Bitcoin ETFs saw $3.7 cardinal successful nett redemptions, portion Ether (ETH) ETFs mislaid $1.64 billion, according to SoSoValue. Over the aforesaid period, Solana (SOL) staking ETFs drew $369 cardinal successful caller inflows. Opryshko said this was “more than superior rotation,” pointing to a rising penchant for yield-bearing exposure.

Solana ETFs attracted $369 cardinal successful inflows this month. Source: SoSoValue

Related: How to involvement Solana (SOL) successful 2025: A step-by-step usher for beginners

407 cardinal SOL present staked

Despite SOL trading betwixt $100 and $260 this year, the network’s full staked proviso climbed from 350 cardinal to 407 cardinal SOL. Retail delegators accrued from 191,179 to 194,157 betwixt Oct. 30 and Nov. 24, adding implicit 238,000 SOL during the marketplace downturn.  

Whale delegators consolidated alternatively than exited, with counts declining but the full involvement mostly remaining steady. Trezor users unsocial staked implicit 1 cardinal SOL done Everstake during the month, Opryshko said.

“This suggests crypto investing is bifurcating post-ETF approval: speculative assets (traded for appreciation) vs. productive assets (staked for income),” Opryshko added, claiming that for a increasing portion of the market, “staking output has go a superior operator of allocation — not the lone one, but progressively central.”

Related: SOL rebounds alongside wider crypto marketplace bounce: Is $160 possible?

Solana builds beardown output profile

According to data from Coinbase, 67% of each circulating SOL is staked. Mentioning this, Sebastien Gilquin, caput of concern improvement and partnerships astatine Trezor, said Solana “has established 1 of the strongest staking profiles among large proof-of-stake blockchains.”

Gilquin said institutions are present gravitating toward productive assets arsenic accepted yields tighten. Solana-based ETFs attracted implicit $420 cardinal successful their debut week past month, showing appetite for liquid products that inactive supply autochthonal staking returns.

“At the aforesaid time, information shows that retail delegators are becoming much semipermanent oriented, with delegation lifetimes steadily expanding passim 2025 and information remaining beardown adjacent amid volatility,” helium added.

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