Solana Bets Surge: Franklin’s SOEZ ETF Pulls in Fresh Cash Despite Token Slump
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The Franklin Solana ETF, SOEZ, absorbed a sizable $728,850 of net inflows on February 23, 2026, even as sentiment around Solana remains bruised. The move lifted assets under management to roughly $6.93 million, with the latest flow equal to about 10.5% of the fund’s AUM, underscoring a bold rotation into the beaten-down theme.
The related asset, SOL-USD, is currently trading around $86.28 after a steep three-month decline of about 37.05%, reflecting persistent volatility and profit-taking in major altcoins. Yet the short-term technical picture is more balanced, with a 1-day signal flashing Hold, suggesting neither strong bearish momentum nor a clear bullish reversal.
That backdrop makes the outsized inflow into SOEZ particularly notable, as investors appear willing to buy into weakness and position for a potential rebound in the Solana ecosystem. The contrast between the sharp drawdown in SOL’s price and the aggressive fund allocations hints at a growing cohort of dip buyers, rather than a market capitulating to recent losses.
If Solana stabilizes or stages a recovery, early inflows at these levels could significantly influence performance for SOEZ’s new capital. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.