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Solana ETFs see record inflows while a major holder faces nearly $1B unrealized loss

Market News
16 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

Solana spot ETFs in the U.S. attracted $58 million in weekly inflows, marking the strongest demand since December 2025, with total net flows around $1.13 billion. However, Forward Industries, the largest corporate holder of Solana, holds nearly 7 million SOL mostly staked but faces nearly $1 billion in unrealized losses due to earlier high-cost purchases. SOL's price is currently neutral, trading around $89, with mixed signals from technical indicators. Investors are watching if ETF demand can offset pressure from large holders' losses and uncertain price movement.

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