Core Insights - U.S. spot Solana ETFs experienced their strongest performance in nearly a month, with net inflows of $8.43 million on February 10, breaking a two-day outflow streak [1] - Despite a 3.8% drop in Solana's price, the inflows indicate a resilient interest in Solana ETFs, particularly from Bitwise and Fidelity [2] Inflows and Market Performance - Bitwise's BSOL led the inflows with $7.70 million, while Fidelity's FSOL attracted $732,040, while other major sponsors saw negligible movement [2] - Spot Solana ETFs now manage a total of $700.21 million in assets, representing approximately 1.49% of Solana's total market cap of $46.3 billion [2] Comparative Performance - Solana's inflows were modest compared to Bitcoin ETFs, which saw $166 million, and Ethereum ETFs with $13.82 million, but outperformed XRP ETFs, which recorded $3.26 million [3] - Solana's price has dropped 15.5% over the past week and 42% over the past month, currently trading at $81.33 [3] Market Sentiment - Market participants are pessimistic, with a 65.4% probability assigned to Solana's price dropping to $40, compared to a 9.1% chance of reaching a new all-time high before July [4] - The broader crypto market's fear, particularly following Bitcoin's sustained drop, has contributed to this pessimism, leading to significant liquidation events [5]