Investment advisors hold $270M in spot Solana ETFs

Bloomberg ETF analyst James Seyffart shared 13F filing data on X, revealing the institutional holders of spot Solana ETFs. By investor type, investment advisors hold the largest share at $270.04 million, followed by: - Hedge funds: $186.06 million - Holding companies: $59.54 million - Brokerages: $20.27 million - Banks: $4.51 million Among individual firms, Electric Capital Partners is the top investor with $137.76 million, followed by Goldman Sachs with $107.43 million and Elequin Capital with $87.90 million. Previously, Bloomberg ETF analyst Eric Balchunas noted that the spot Solana ETFs, which launched last July, have attracted approximately $1.5 billion in funds and have seen almost no outflows. He added that about 50% of the total assets came from institutions required to file 13F forms.