US spot Solana ($SOL) ETFs have delivered a remarkably consistent performance since hitting the market, recording positive net inflows every single month since launch. June 2026, however, loo
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AnonymousCryptoCompass newsroom
June 28, 2026
2 min read
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US spot Solana ($SOL) ETFs have delivered a remarkably consistent performance since hitting the market, recording positive net inflows every single month since launch. June 2026, however, looks set to test that record.
The products are currently sitting at negative $5.8 million in net flows for June, with only two trading days remaining in the month to reverse the deficit.
A strong start since October 2025
The first US spot Solana ETFs debuted in late October 2025, with Bitwise's Solana Staking ETF (BSOL) launching on the New York Stock Exchange on October 28.This was closely followed by the conversion of the Grayscale Solana Trust (GSOL) from a trust product into a Solana ETF.
Unlike Bitcoin and Ethereum ETFs, Solana ETFs launched with staking built in, offering investors on-chain yield alongside price exposure.Bitwise targets average staking rewards of over 7% for BSOL holders.
The spot Solana ETF products accumulated approximately $1.45 billion in total cumulative inflows since launch.Despite experiencing negative price action over several months, Solana ETFs maintained positive net inflows, a trend that ran counter to conventional expectations of risk-on and risk-off behavior in crypto markets.
June brings the first real test
Spot Solana ETFs saw $3.94 million in net outflows on June 26 alone, indicating investor hesitation. That single-day figure has compounded into a monthly deficit that now stands at $5.8 million, leaving the products on track for their first negative month since inception.
Bitcoin ETFs are net-negative year-to-date, and Ethereum has bled harder, but XRP and Solana ETFs have marked the rotation story of 2026. That context makes a potential first negative month for $SOL ETFs more notable. Whether June closes in the red will come down to whether buyers return in force over the remaining sessions.
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For much of 2026, the BTC price has been falling. Following the record high of almost $130,000 reached during late 2025, Bitcoin has fallen to just over $59,500, representing a drop of 57.5%.
Key Takeaways SOL trades at $71, below all three moving averages in a clear downtrend. Over 60M SOL changed hands between $65 and $71, the largest cost-basis cluster. Funding rates are near n