TL;DR

Vanguard reversed its ban on crypto assets and began listing Solana ETFs, enabling $SOL investments for around 50 million clients.
SOL ETFs saw $45.7 million in daily inflows, led by Bitwise $BSOL with $29.4 million.
The ETF recovery coincided with the liquidation of over $400 million in short positions and BTC rebounding to $93,000.

Vanguard shifted its stance on cryptocurrencies, and Solana ETFs registered significant inflows. The world’s second-largest asset manager allowed its clients to trade and invest in crypto-based funds, including vehicles tracking the price of $SOL, opening access to approximately 50 million investors. The inclusion of these ETFs on Vanguard’s platform coincided with the resumption of inflows to SOL products, which had previously interrupted a historic 22-day streak of incoming investments.

Solana ETFs recorded $45.7 million in daily inflows, led by the Bitwise $BSOL fund, which received $29.4 million and increased its AUM to $663 million. Franklin Templeton received approval for its $SOL ETF on NYSE Arca with a 0.19% sponsor fee, the most competitive in the market. Meanwhile, CoinShares withdrew its Solana ETF application, likely due to weaker performance compared with Bitwise’s market dominance.

CoinShares Withdraws Solana ETF

Vanguard’s policy shift reflects a broader trend in the TradFi sector. Institutions such as SoFi and Bank of America have already opened investment channels for Solana and other crypto assets, facilitating institutional and retail capital inflows into the digital ecosystem. Vanguard’s decision not only improves accessibility but also validates cryptocurrency adoption within regulated structures familiar to traditional investors.

In the past 48 hours, over $400 million in short positions were liquidated, triggering a nearly 12% rebound in BTC from a low of $82,000 to trading above $93,000. The combination of ETF inflows and short-position liquidations demonstrates that optimism is gradually returning, supported by the end of the Federal Reserve’s quantitative tightening and the availability of regulated products.

The Solana ETF recovery highlights how integrating crypto assets into traditional platforms can influence liquidity and demand. Investors are seeking regulated, direct exposure to Solana through competitive ETFs, and issuers are positioning themselves to capitalize on that interest

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Filed under: News - @ December 4, 2025 12:22 am