- Solana spot exchange-traded funds (ETFs) recorded more than $70 million in net inflows on November 3, 2025.
- Inflows into the SOL spot ETFs reached a daily high even as the token’s price declined.
- Bullish investors are targeting a rebound to $200, but failure to hold gains could push the price down toward the psychologically important $100 level.
Although Solana’s price has pulled back, ETFs tied to the token continued to draw strong investor interest.
On November 3, 2025, amid broad market uncertainty, Solana spot ETFs attracted $70 million in net inflows.
That mark was a daily record high, notable especially because both Bitcoin and Ethereum spot ETFs experienced notable outflows on the same day.
Solana spot ETFs draw $70 million in a single day
Inflows into Solana spot ETFs surged, reaching a daily peak of $70 million on November 3, 2025.
Meanwhile, the SOL token fell to a low of $166 on Monday and extended losses to $155 by November 4.
The price decline reflects broader market turbulence that can be influenced by macroeconomic factors, including interest rates.
On-chain data indicate that a substantial number of bullish positions were liquidated during the downturn.
🚨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
SOL’s price continued to slide, yet Solana spot ETFs still attracted capital.
This trend contrasts with flows observed in Bitcoin and Ethereum ETFs.
On November 3, Bitcoin spot ETFs recorded $187 million in net outflows, marking the fourth consecutive day of withdrawals.
Similarly, Ethereum spot ETFs saw $136 million in net outflows, also extending a four-day streak of withdrawals.
By comparison, Solana spot ETFs recorded $70.05 million in net inflows, marking five consecutive days of positive inflows for the top-10 altcoins.
These inflows highlight investor confidence in the Solana ecosystem.
Most of the incoming capital flowed into Bitwise’s BSOL ETF, which accounted for $66.5 million of the total, while Grayscale’s GSOL took in $4.9 million.
Overall, U.S.-listed Solana spot ETFs have gathered more than $269.2 million in net inflows and over $513 million in net assets.
Solana’s ability to attract 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 was trading near $161, down about 8% over 24 hours.
The pullback follows a push by bears that reversed gains made after late October’s rallies toward the recent $200 highs.
Over the past week, the token declined roughly 20%, and it fell about 30% over the prior month as downward pressure increased.
This short-term slump extends the October correction and risks wiping out gains posted from April through September.
During that prior rally, SOL climbed from lows near $105 to almost $250.
Bullish forecasts still anticipate that SOL could revisit or surpass its all-time highs by the end of 2025, but more cautious scenarios suggest the token may retest lower levels before bulls regain control.