Analysis: In the fourth quarter of last year, Wall Street invested a total of $540 million into the US Solana ETF

According to the 13F filing data shared by Bloomberg ETF analyst James Seyffart, the top 30 institutional holders have collectively invested over $540 million into the U.S. spot Solana ETF.

Venture capital firm Electric Capital and investment bank Goldman Sachs lead the pack with positions of $137.8 million and $107.4 million, respectively, while other notable buyers include Morgan Stanley and Citadel Advisors. Among investor categories, investment advisors have become the largest buyers with over $270 million in subscriptions, followed by hedge funds ($186 million). Despite fluctuations in the SOL price since its launch last year, the cumulative inflow into the ETF has remained steady, with the total inflow now reaching $952 million.