Institutional Flows: ETFs and DATCOs
SOL ETF inflows totaled $102M in January, slowing from $145M in December but remaining resilient. By contrast, Solana DATCO holdings were unchanged for a third consecutive month, constrained by limited secondary liquidity and persistent mNAV discounts.
SOL’s $102M in January ETF inflows stands out given sizable redemptions in BTC and ETH (-$1.6B and -$343M, respectively) during the same period. As shown below, SOL’s monthly flow-to-market-cap ratio meaningfully outpaced peers, with SOL ETFs absorbing roughly 0.13% of circulating supply in January.
Network Health
Validator Clients and Block Building
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Get an edge with
Blockworks Intel
Upgrade For $4,500/YrBlockworks Intel
Upgrade to unlock 300+ industry leading reports from our researchers, including:
Have questions?Schedule a Demo