Solana Bulls Return: Leveraged ProShares Fund Sees Fresh Inflows Despite Price Slump
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The ProShares Ultra Solana ETF, SLON, attracted a sizable new cash injection of $2,269,308 on January 20, 2026, even as its underlying token remains under pressure. The latest flow represents roughly 7.3% of the fund’s assets under management, which now stand at $31,067,878 — a meaningful swing for a relatively young, niche crypto-linked product.
The related asset, SOL-USD, is currently trading around $123.72, having shed about 38.0% over the past three months. Technically, the short-term picture is fragile, with a 1-day signal flashing Sell. That combination of a negative trend and fresh ETF inflows suggests some investors are leaning into volatility, using SLON’s leveraged exposure to position for a potential rebound rather than fleeing the sector.
With flows amounting to more than one-twentieth of AUM in a single day, the move underscores how quickly sentiment around Solana can pivot at the fund level, even when spot prices remain under sustained pressure. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.