- On November 3, 2025, spot exchange-traded funds (ETFs) for Solana recorded net inflows exceeding $70 million.
- Spot SOL ETF inflows hit a new daily high despite the token’s price decline.
- Bullish traders aim for a flip to $200, but failure could push the price toward the psychologically important $100 level.
While Solana’s price has fallen, ETFs linked to the token continued to draw significant investor interest.
On November 3, 2025, amid broader market uncertainty, spot Solana ETFs attracted $70 million in net inflows.
That record daily inflow came at a time when spot ETFs for both Bitcoin and Ethereum experienced sizable outflows.
Spot Solana ETFs post $70 million in daily inflows
Spot Solana ETFs surged to a new daily record, registering $70 million in net inflows on November 3, 2025.
Meanwhile, SOL fell to a low of $166 on Monday and extended its decline to $155 by November 4.
The price drop reflects broader market nervousness, likely influenced by macroeconomic factors such as interest rate pressures.
On-chain data show a substantial number of long positions were liquidated during the sell-off.
🚨New: As $SOL dipped below $165, Onchain protocols on Solana recorded $177 million in long positions liquidated, while centralized exchanges saw an additional $153 million worth of positions wiped out. pic.twitter.com/5MS5yTtNBW
— SolanaFloor (@SolanaFloor) November 3, 2025
Despite SOL’s continued price weakness, spot Solana ETFs are attracting capital.
This stands in contrast with flows in Bitcoin and Ethereum spot ETFs.
On November 3, Bitcoin spot ETFs recorded $187 million in net outflows, marking a fourth consecutive day of withdrawals.
Similarly, Ethereum spot ETFs posted $136 million in net outflows, also extending to a fourth consecutive day.
By comparison, spot Solana ETFs logged $70.05 million in net inflows, marking a fifth straight day of positive flows among the top 10 altcoins.
These inflows underscore investor confidence in the Solana ecosystem.
A larger share of the inflows went into Bitwise’s BSOL ETF, which accounted for $66.5 million of the total, while Grayscale’s GSOL ETF saw $4.90 million.
Overall, U.S. spot Solana ETFs have attracted more than $269.2 million in cumulative net inflows and hold over $513 million in combined assets under management.
Solana’s ability to draw funds despite price weakness suggests a maturing investor base that prioritizes long-term potential over short-term volatility.
SOL price outlook
As of November 4, 2025, SOL traded near $161, down about 8% over 24 hours.
The decline comes as bears push the token further away from a recent high above $200 reached in late October.
Over the past week, SOL has dropped roughly 20%, and about 30% over the last month, as downward pressure intensified.
This short-term retreat extends October’s pullback and threatens to erode gains recorded between April and September.
During that period, SOL rallied from a low near $105 to almost $250.
While bullish forecasts envision SOL reaching new all-time highs before the end of 2025, more cautious scenarios point to a potential retest of lower levels before bulls regain control.