Solana ETF Weekly Inflows Plunge 96% to $6.18 Million as Capital Rotates to Bitcoin

A dramatic slowdown in capital flowing into Solana-focused exchange-traded funds has raised questions about whether investor appetite for the token is cooling, even as the funds collectively ended the most recent week in positive territory.

Net inflows across nine Solana ETF products tracked by SoSoValue totaled just $6.18 million in the week ending September 4, 2026, a 96% decline from the $153.87 million recorded the prior week. The sharp pullback coincided with a broader rotation of capital toward Bitcoin funds, which pulled in $986.85 million over the same period, according to the data provider.

The nine funds held approximately $1.41 billion in net assets as of September 4, down only marginally from $1.43 billion a week earlier. Solana itself traded around $103 at the time, roughly where it sat during the late-August inflow surge that pushed the token above $100 and produced the strongest weekly inflow of 2026.

A single-day outflow of $5.21 million on September 4 erased much of the earlier gains for the week, leaving the cumulative figure barely positive. That dynamic illustrates a key point about ETF flow data: a small net number can conceal much larger two-way activity underneath, as authorized participants create and redeem shares simultaneously throughout any given day.