Despite a sharp downturn across the crypto market and declining altcoin prices, Solana ETF inflows once again showed remarkable strength. While Bitcoin and Ethereum ETFs faced another round of heavy outflows, both Solana and XRP ETFs continued attracting institutional capital — a strong signal of confidence in altcoin-focused products.
🔻 Market Conditions: A Difficult Day Across Crypto
The broader market saw another red day:
- Total crypto market cap: down 3.23% to $3.08T
- Fear & Greed Index: at 16, firmly in “Extreme Fear”
- Bitcoin ETF outflows: $372.8M (5th day in a row)
- Ethereum ETF outflows: $74.2M (6th straight day)
In contrast, altcoin ETFs — particularly Solana and XRP — once again defied the trend.
🔶 Solana ETF Inflows Continue for 14 Straight Days
Solana ETF inflows remain one of the strongest ETF narratives of November.
On November 18, Solana ETFs recorded a combined $30.09M in net inflows, broken down as:
- Bitwise BSOL: $23M
- Grayscale GSOL: $3.2M
- VanEck VSOL (first day): $1.8M
- Fidelity FSOL (first day): $2.1M
This marks the 14th consecutive day of positive inflows since launch — the longest flawless streak among all altcoin ETFs.
Total Solana ETF AUM: $593.73M
SOL Price Action
Despite positive ETF demand:
- $SOL price: ~$136.56
- 24h: –3%
- Weekly: –10%
The continued inflows during price weakness suggest that institutions may be buying the dip through ETFs.
🔷 XRP ETF Records Third Day of Positive Inflows
The newly launched XRP ETF also stayed green for the third straight day.
On November 18, the XRP ETF recorded:
- $8.32M net inflow (lowest so far, but still positive)
This brings total AUM to:
- $277.82M after only 3 days of trading
XRP Price Action
- $XRP price: ~$2.10
- 24h: –4.93%
- Weekly: –11.21%
Like Solana, XRP’s ETF inflows continue despite falling price — another sign that institutions are accumulating.
🔍 Conclusion
While Bitcoin and Ethereum ETFs struggle through multi-day outflows, Solana ETF inflows stand out as a rare bright spot in a fearful market. With Solana ETFs attracting nearly $600M in AUM and XRP ETFs growing rapidly in their first week, altcoin ETFs appear to be gaining traction as institutional favorites even during market downturns.
