The BNY Mellon Global Infrastructure Income ETF ( BKGI ) is a relatively new (formed in November 2022) and small ETF, with assets under management of just over $700 million. As of the end of January 2026, it is diversified across 33 holdings. It has an expense ratioAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives ...

Core Insights - Guggenheim Investments has re-entered the ETF market by filing for new products after selling its $37 billion ETF business to Invesco in 2017, including an Ultrashort Bond ETF and five other actively managed ETFs [2] - DoubleLine, led by bond investor Jeffrey Gundlach, has also filed for a new Ultrashort Income ETF, indicating a trend towards actively managed ultrashort income products [2][3] - The ultrashort income category is gaining popularity, with significant inflows into US Ultrashort bond ETFs, which attracted $90 billion last year, up from $57 billion in 2022, raising total assets in the category to $313 billion [4] Company Developments - DoubleLine currently manages about $2 billion across eight ETFs, while its mutual funds hold $51 billion, experiencing nearly $2 billion in net outflows in 2025 [6] - Guggenheim manages approximately $50 billion in mutual fund assets and saw over $400 million in net inflows last year, with eight US fixed income mutual funds that do not significantly overlap with its new ETF filings [6] Market Trends - The timing of new ETF launches is notable, as potential rate cuts by the Federal Reserve could lead to declining yields, prompting investors to shift assets from money markets and Treasurys [4][5] - The active management of fixed income ETFs has been a key area of development, with increasing investor interest in ultrashort income products, suggesting strong client demand [5]

Core Insights - The recent surge in ETF filings for Solana indicates a significant shift in institutional interest towards SOL, with potential inflows estimated between $3.8 billion and $7.2 billion within the first year following approval [1][6][7] Group 1: Market Performance and Sentiment - Solana's price has experienced a decline of over 30% from its September peak of $209, reflecting the asset's sensitivity to broader market risk cycles and technical exhaustion [2][3][6] - The asset's performance has transitioned from a period of optimism and momentum to a correction phase, with price hovering around the mid-$140 range after failing to maintain levels above $200 [4][5] Group 2: Institutional Interest and ETF Filings - Five ETF filings within a month suggest that major asset managers are signaling long-term interest in Solana, indicating a potential early stage of deeper adoption [5][8] - The filings also imply that regulators may be warming to the idea of treating Solana as a commodity, which could facilitate institutional participation through familiar investment structures [7] Group 3: Individual ETF Filings Overview - **VanEck Solana Trust (VSOL)**: Early entry with a competitive management fee of 0.30%, positioned as a default choice for institutions seeking exposure [10][11] - **21Shares Solana Spot ETF**: First to secure SEC approval, leveraging its experience with crypto ETPs to instill confidence in operational details [12][13] - **Fidelity Solana Fund**: Enters the market with a long-term perspective, targeting large traditional allocators through its established network [14][15] - **Bitwise Solana ETF**: Focuses on Solana's ecosystem rather than just price, appealing to research-driven investors [16][17] - **Grayscale Solana ETF (Conversion)**: Plans to convert its existing Solana Trust into an ETF, allowing for a smoother transition for current trust holders [18][19] Group 4: Future Price Predictions - **Bullish Case**: If ETF inflows accelerate and network stability is maintained, prices could reach between $425 and $600 by the end of 2026 [22][23] - **Base Case**: Assuming moderate ETF approvals and slower inflows, prices may stabilize between $250 and $350 [24][25] - **Bearish Case**: If ETF inflows disappoint or technical setbacks occur, prices could fall to between $140 and $200 [26][27]