Solana Dip, ETF Surge: Franklin’s SOEZ Draws Nearly 18% of Its Assets in a Single Day
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The Franklin Solana ETF, SOEZ, recorded a sharp influx of fresh capital on January 29, 2026, pulling in $1,077,900 in net new money. With total assets under management now at $6,001,500, the latest flow represents roughly 17.96% of the fund’s AUM—a sizable vote of confidence in a single session for a niche crypto-linked product.
Such a large one-day intake, relative to fund size, suggests that investors are using SOEZ as a vehicle to opportunistically position around Solana’s volatility. The inflow comes despite a challenging backdrop for the underlying token, underscoring a possible “buy-the-dip via ETF” mentality among more risk-tolerant market participants.
The related asset, SOL-USD, is currently trading at $105.62. Over the past three months, Solana has dropped about 36.15%, a steep pullback that contrasts with the fresh ETF demand. Short-term technicals remain cautious, with a 1-day signal flashing Sell, highlighting ongoing downside pressure even as fund investors appear willing to accumulate exposure through SOEZ.
For now, the juxtaposition of negative price momentum in Solana and strong inflows into Franklin’s ETF points to a growing cohort of investors who see longer-term value beyond the current drawdown, using the regulated ETF wrapper to express their conviction. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.