Spot Solana (SOL) ETFs attracted $15.5 million in daily inflows on April 16. This volume nearly tripled the previous day's total. Cumulative net inflows for the category now approach $1 billion.
The activity marks the first three-day streak of positive flows since mid-March. These inflows signal a return of institutional interest and a shift in investor sentiment following a period of caution.
Solana price is currently testing key resistance levels below $90. While the immediate price response was moderate, consistent inflows suggest positioning for a long-term recovery. The derivatives market mirrors this demand, as futures open interest continues to rise.