Solana Bets Surge as Franklin’s SOEZ ETF Pulls in Fresh Cash Despite Token Slump
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The Franklin Solana ETF, SOEZ, drew $728,850 in net inflows on February 23, 2026, a sizeable vote of confidence given its modest scale. With assets under management now at $6,559,650, the single-day intake represents roughly 11.1% of the fund’s AUM, suggesting new capital is moving in faster than the market cap base is expanding.
The related asset, SOL-USD, is trading around $76.57 after a bruising three months in which it lost about 41.06% of its value. Short-term sentiment remains fragile, with a 1-day technical signal flashing Strong Sell, underscoring the risk investors are willing to shoulder as they buy the dip through SOEZ.
The sharp inflow against a backdrop of technical weakness hints at a divergence between tactical traders and longer-term allocators. While chart signals point to continued pressure on Solana, ETF buyers appear to be treating the recent slide as an entry point, effectively leveraging SOEZ as a structured way to gain exposure without navigating spot-market volatility directly.
Whether this influx marks the start of a more durable rotation into Solana-linked products will depend on how quickly the token can stabilize and rebuild momentum. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.