Solana June 2026 Update
Institutional Flows: ETFs and DATCOs
SOL ETP inflows totaled $18.9M in June, slowing sharply from $110.6M in May, an 82.8% MoM decline. Following strong inflows in May, inflows in June returned to lows only slightly higher than April’s $17.8M number. However, it is important to note that this inflow figure occurred in the same month when BTC ETPs saw their worst monthly outflows since inception. BTC ETPs shed over $4.3B in the month of June.
On a market cap adjusted basis, June SOL ETP inflows amounted to 0.04% of SOL’s market cap. Following a strong May, where SOL ETPs saw inflows equal to 0.25% of its market cap, June represents a meaningful decline in inflows.
By contrast, Solana DATCO holdings were largely unchanged for a ninth consecutive month, constrained by limited secondary liquidity and persistent mNAV discounts. DATCOs trimmed about 8k SOL tokens from May to June, bringing aggregate holdings to 16.8M SOL.
