Bloomberg ETF Analyst Eric Balchunas: Roughly Half of Solana ETF Inflows Come from Institutional Buyers with AUM Exceeding $100 Million

BroadChain03/06/2026, 12:06 PM

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Summary

A Bloomberg ETF analyst noted that although the SOL price dropped 57% following the launch of spot Solana ETFs, the products have nonetheless attracted $1.5 billion in net inflows with minimal redemptions. Approximately half of these inflows originated from institutional investors managing over $100 million in assets under management (AUM), signaling a solid professional investor base—a positive market signal.

BroadChain has learned that on March 6, Bloomberg ETF analyst Eric Balchunas noted in a post that since their launch in July 2025, spot SOL ETFs have seen the underlying asset decline by 57%—potentially one of the worst launch timings in ETF history. Despite this, these ETFs have still attracted $1.5 billion in cumulative net inflows, with virtually no significant redemptions.

Furthermore, roughly 50% of the assets are held by institutional investors filing Form 13F, reflecting a highly committed and professional investor base. Both factors are strong positive signals for the future.

Form 13F is a quarterly holdings report required by the U.S. Securities and Exchange Commission (SEC) under the Securities Exchange Act. It must be filed by institutional investment managers with over $100 million in assets under management.