Headline: Spot SOL ETFs Attract Steady Capital as Traders Stay Bearish — A Tale of Two Sentiments Solana (SOL) is sending mixed signals to the market this week: spot ETF buyers are steadily adding exposure even as traders and derivatives metrics show continued caution. Data from SoSoValue shows net assets held by spot SOL ETFs climbed to $674 million, suggesting institutional or long-term investors are willing to buy at current levels despite a recent double-digit drop in the native token. (Source: SoSoValue) That inflow picture contrasts sharply with the derivatives market. SOL was trading around $87.17 at press time, recovering slightly from last week’s slide but largely moving sideways. Price action is compressed — Bollinger Bands sit between $84.60 (lower) and $89.14 (upper) — pointing to a lack of momentum. (Source: TradingView) Momentum indicators are mixed: the RSI is near neutral at 51.16 and MACD histograms have turned green over the past few days, yet aggregated open interest has fallen to roughly $2.34 billion from recent highs — a sign traders are reducing leverage rather than adding exposure. Funding rates remain negative (average funding rate: -0.0222), indicating short positions still dominate and some traders are effectively paying to remain bearish. (Source: Coinalyze) What this means: spot ETF flows appear modest but consistent, hinting that longer-term investors may be quietly building positions and promoting a period of consolidation. However, these flows don’t yet confirm a trend reversal — derivatives activity and price action continue to reflect skepticism. If ETF inflows persist while trader sentiment softens, that divergence could increasingly shape SOL’s path forward. Disclaimer: AMBCrypto’s content is informational and not investment advice. Cryptocurrency trading carries high risk; readers should do their own research. © 2026 AMBCrypto Read more AI-generated news on: undefined/news