##  [# $50M Flows Into Solana Funds](/sections/bitcoin-crypto/50m-flows-solana-funds) 

 

# $50M Flows Into Solana Funds

 

 

During last week’s price falls, Solana’s price outperformed a basket of the top 10 digital assets by 34%.



 

 

 

 

 [![JamesButterfill310x310](/sites/default/files/styles/author_image_icon/public/2023-08/JamesButterfill310x310.png?itok=uNqgiAyR)](/contributors/james-butterfill) 

[By James Butterfill](/contributors/james-butterfill)

 Sep 13, 2021

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital asset investment products saw inflows totalling US$57m last week, posting their 4th week of inflows.
- During last week’s price falls Solana’s price was a stalwart, outperforming a basket of the top 10 digital assets by 34%, having risen 24% week-on-week. This was reflected with inflows, dwarfing any other digital asset, totalling almost US$50m.
- Bitcoin remained flat for the week with a paltry US$0.2m of inflows, while Ethereum saw minor outflows totalling US$6.3m.

![Weekly Crypto asset Flows](/sites/default/files/images/fig1_50m_flows.jpg)

![Flows by Provider](/sites/default/files/images/fig2_50m_flows.jpg)

![Flows by Assets](/sites/default/files/images/fig3_50m_flows.jpg)

Digital asset investment products saw inflows totalling US$57m last week, posting their 4th week of inflows. Volumes in investment products have now risen 143% since their lows in early July to US$3.8bn. This rise in volumes and inflows indicates investors are now beginning to be more active following the seasonal summer doldrums.

During last week’s price falls Solana’s price was a stalwart, outperforming a basket of the top 10 digital assets by 34%, having risen 24% week-on-week. This was reflected with inflows, dwarfing any other digital asset, totalling almost US$50m. A combination of price appreciation and inflows now brings Solana’s assets under management (AuM) to US$97m, the 5th largest of all investment products.

Bitcoin remained flat for the week with a paltry US$0.2m of inflows, while Ethereum saw minor outflows totalling US$6.3m.

The trend of diversification remains intact amongst investors, with inflows into Cardano, multi-asset, XRP and Polkadot totalling US$3.5m, US$3.2m, US$3.1 and US$1.7m respectively.

[![Weekly Crypto Asset Flows by Institution](/sites/default/files/images/fig4_50m_flows.jpg)](/sites/default/files/images/fig4_50m_flows_b.jpg)

(For a larger view, click on the image above)



[![Weekly Crypto Asset Flows by Asset](/sites/default/files/images/fig5_50m_flows.jpg)](/sites/default/files/images/fig5_50m_flows_b.jpg)

(For a larger view, click on the image above)



[![Digital Asset ETP & Mutual fund Net New Assets](/sites/default/files/images/fig6_50m_flows.jpg)](/sites/default/files/images/fig6_50m_flows_b.jpg)

(For a larger view, click on the image above)



[![Crypto Asset Fund Flows as Percentage of Fund AuM](/sites/default/files/images/fig7_50m_flows.jpg)](/sites/default/files/images/fig7_50m_flows_b.jpg)

(For a larger view, click on the image above)



[![Assets Under Management by Institution](/sites/default/files/images/fig8_50m_flows.jpg)](/sites/default/files/images/fig8_50m_flows_b.jpg)

(For a larger view, click on the image above)



[![Bitcoin ETP & Mutual Fund Tumover as % of Total Bitcoin](/sites/default/files/images/fig9_50m_flows.jpg)](/sites/default/files/images/fig9_50m_flows_b.jpg)

(For a larger view, click on the image above)



*Contact James Butterfill at [research@coinshares.com](mailto:research@coinshares.com "Follow link")*



 

 

 [ James Butterfill Head of Research and Investment Strategy ](/contributors/james-butterfill) 

 

 

  James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an…   [View Bio](/contributors/james-butterfill)

 



 

 


 Related Topics  [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Blockchain](http://www.etf.com/topics/blockchain)