Solana News: 21Shares Solana ETF Launches Amid Market Crash, but Strong Flows Signal Growing Investor Demand

Crypto ETP provider 21Shares launched its new Solana exchange-traded fund (TSOL) on Wednesday, debuting with over $100 million in assets under management despite a broader market downturn. The launch marks the fifth Solana ETF now trading in the United States and underscores continued investor interest in altcoin-linked products even as prices slump.What to Know21Shares’ new TSOL ETF launched with $100M AUM and a 21 bps fee.The ETF holds spot Solana (SOL) and will stake tokens to secure the network and earn rewards.Solana ETFs have now taken in over $2 billion in combined inflows.SOL prices are down 14% in the past week despite ETF interest.Analysts expect 100+ new altcoin ETFs to launch in 2026.TSOL Debuts with $100M AUM Despite Market Selloff21Shares confirmed that the TSOL ETF will hold spot SOL and stake its assets to earn protocol rewards — a feature that is rapidly becoming standard among Solana ETPs.Senior Bloomberg ETF analyst Eric Balchunas noted that TSOL’s debut came in strong:“21Shares is debuting its spot Solana ETF (TSOL) today… opening with $100M AUM.Solana ETFs have now taken in $2B as a group, with inflows basically every day — not bad considering the ‘extreme fear’ right now.”The launch comes only two days after VanEck introduced its own Solana ETF (VSOL), which also incorporates staking.2026 Positioned to Be a Breakout Year for Altcoin ETFsETF issuers and analysts say next year could bring an explosion of new altcoin-focused ETFs, potentially exceeding 100 new product launches, according to Bitwise CIO Matt Hougan.Hougan said growth in single-asset altcoin ETFs and index-based crypto baskets will be a major theme in 2026 as issuers capitalize on institutional demand and U.S. regulatory normalization.This aligns with 21Shares’ recent expansion, including its crypto index ETFs filed under the SEC’s ’40 Act.SOL Price Falls Despite Successful ETF LaunchesEven with strong ETF inflows, Solana has been caught in the broader market rout.SOL is down 14% over the past week, according to CoinMarketCap — a sign that ETF demand alone can’t offset macro pressure when liquidity dries up.Still, ETF performance remains impressive:Bitwise’s BSOL Sees Nearly $500M in 3 WeeksBitwise’s BSOL ETF, launched in October, attracted nearly $500 million in net inflows within its first three weeks, placing it among the most successful crypto ETF launches in U.S. history.Analysts Expect Billions to Flow Into Solana ETFsIn January, analysts at JP Morgan projected that Solana ETFs could attract billions of dollars in inflows and potentially outperform Ether ETFs during their first six months on the U.S. market.JP Morgan said both SOL and XRP ETFs have the potential to overshadow ETH ETP performance due to stronger retail momentum, staking yield advantages, and a more aggressive growth narrative.Investor Demand Grows Despite VolatilityThe success of the new TSOL ETF — launching during a week of intense selling pressure — highlights a key trend: investor appetite for altcoin ETFs remains resilient, even when crypto markets face macro headwinds.With combined Solana ETF inflows now exceeding $2 billion, analysts say Solana is emerging as one of the most institutionally embraced blockchains outside of Bitcoin and Ethereum.