Overview
- Bloomberg’s James Seyffart, citing mid‑February 13F filings, found the top 30 institutional holders reported more than $540 million in fourth‑quarter exposure to spot Solana ETFs.
- Electric Capital led with $137.8 million and Goldman Sachs reported $107.4 million, with Elequin Capital, SIG Holding, and Multicoin Capital also among the largest holders.
- Morgan Stanley and Citadel Advisors disclosed positions as well, reflecting allocations established after Bitwise listed the first SEC‑approved spot Solana ETF on Oct. 28.
- The reported stakes correspond to roughly 4.3 million SOL backing those ETF shares, based on end‑of‑quarter calculations.
- Cumulative inflows since launch have reached about $952 million, according to Farside Investors, while SOL slipped from $124.95 at Q4 close to roughly $86.53 as Eric Balchunas notes around half of ETF assets sit with 13F filers.