Institutional investors purchased $540 million in Solana ETF shares in Q4 2025, with Electric Capital and Goldman Sachs as the largest buyers. Despite these inflows, Solana’s price has fallen significantly since the ETF launch, though it has recently shown signs of a rebound alongside broader market recovery.
Bloomberg analyst James Seyffart reported that institutional investors acquired $540 million worth of spot Solana ETF shares in the fourth quarter of 2025. Electric Capital and Goldman Sachs were the two biggest buyers, with purchases of $137.8 million and $107.4 million respectively.
However, fellow Bloomberg analyst Eric Balchunas highlighted that Solana’s price has declined by 57% since the spot ETFs launched in July 2025. The cryptocurrency market suffered a major downturn in October 2025, experiencing the largest single-day liquidation in crypto history, and has not fully recovered.
Solana appears to be rebounding after Bitcoin reclaimed the $70,000 mark on March 10, 2026. According to CoinGecko’s SOL data, Solana has rallied 4.5% in the last 24 hours, 1.4% in the last week, and 13.3% in the 14-day charts.
Nonetheless, the seventh-largest crypto by market cap remains down by 0.4% over the previous month and more than 32% since March 2025. Market observers note that a potential shift in Federal Reserve policy could influence future price movements, though previous interest rate cuts did not lead to positive crypto market reactions.
