Solana’s appeal among institutional traders resurfaced this week as the Franklin Solana ETF, SOEZ, attracted fresh capital despite the token’s recent slump. On January 29, 2026, the ETF recorded new inflows of $1,077,900, lifting sentiment around the product even as the underlying asset remains under pressure. Franklin Solana ETF now oversees $6,001,500 in assets under management (AUM), with the latest flow accounting for roughly 17.96% of its total AUM—a sizable single-day vote of confidence.
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The related asset, SOL-USD, is currently trading at $116.22, having shed about 36.88% over the past three months. Technically, the market tone is still cautious, with a 1-day signal flashing Sell. That divergence—strong ETF inflows against weak short-term price and technical momentum—suggests some investors may be positioning for a medium- to long-term rebound rather than trading the immediate trend.
Such a sharp proportional inflow into SOEZ indicates that specialized crypto ETFs are increasingly being used as a vehicle for tactical accumulation during drawdowns, allowing investors to gain structured exposure without directly holding the token. If Solana’s ecosystem activity and broader risk appetite in digital assets stabilize, this week’s allocations into Franklin’s Solana vehicle could look prescient; if the downtrend continues, however, the flows may signal a mistimed attempt to call the bottom.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.