tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Solana Bets Surge: Franklin’s SOEZ ETF Pulls in Nearly 20% of Its Asset Base in a Single Day

Solana Bets Surge: Franklin’s SOEZ ETF Pulls in Nearly 20% of Its Asset Base in a Single Day

Solana Bets Surge: Franklin’s SOEZ ETF Pulls in Nearly 20% of Its Asset Base in a Single Day

Claim 50% Off TipRanks Premium

The Franklin Solana ETF, SOEZ, recorded a sharp inflow of $1,091,450 on January 21, 2026, a move that amounts to 19.8% of its latest reported assets under management of $5,513,750. The one-day haul underscores how quickly sentiment can swing toward single-asset crypto products, even as underlying prices remain under pressure.

The related asset, SOL-USD, is currently trading at $121.90. Despite the fresh demand for ETF exposure, Solana has shed roughly 36.8% over the past three months, reflecting a sharp correction from prior highs. Short-term momentum remains weak, with the 1-day technical signal flashing Sell, suggesting traders are still cautious about near-term price action.

Still, the sizeable inflow into SOEZ suggests that some investors view the recent drawdown as an opportunity to accumulate exposure via a regulated vehicle rather than taking direct custody risk. The nearly 20% increase in assets in a single session also highlights the leverage ETF wrappers can have on liquidity and sentiment in volatile crypto markets, especially when retail and professional buyers converge around dislocated prices.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

Disclaimer & DisclosureReport an Issue

1