Solana News: Rothschild and PNC Financial are positioning Solana ETFs, with SOL rising 5% today.

The latest regulatory disclosures in mid-November 2025 reveal that Rothschild Investment and PNC Financial Services Group have both established positions in the Volatility Shares Solana ETF (SOLZ), holding 6,000 shares (approximately $132,700) and 1,453 shares (approximately $32,100), respectively. Meanwhile, Bitwise Solana Staking ETF (BSOL) and Grayscale Solana ETF (GSOL) recorded net inflows of $336 million over two weeks, driving SOL’s price up by 5% in a single day to $167. These developments mark a significant leap in mainstream financial institutions’ recognition of the Solana ecosystem, bringing new growth momentum to the entire blockchain sector.

Market Significance of Institutional Holdings Disclosure

The SEC’s 13F filing released on November 12 reveals the asset allocation strategies of traditional financial giants toward Solana. Rothschild Investment, managing $1.5 billion, has a modest position in SOLZ but with strategic importance—this is their first allocation to a third-generation public chain asset outside Bitcoin and Ethereum. Notably, PNC Financial Services, managing $569 billion in assets, has entered the market, indicating that Solana is gaining acceptance among mainstream banking institutions.

Analysis of the holdings shows that the top five holders of SOLZ also include professional entities like Heck Capital Advisors and Belvedere Trading, which have deep roots in traditional derivatives markets. It is worth noting that Bitwise’s Solana Staking ETF fully commits its assets to on-chain staking, with an expected annual yield of 5.2%. This product design has successfully attracted insurance funds and pension funds seeking stable cash flows.

SOL Price Rebound and On-Chain Data Validation

Driven by continuous institutional inflows, SOL broke through key resistance levels on November 13, reaching a high of $168.71. Technical analyst Ali Martinez pointed out that the TD Sequential indicator issued a buy signal on the 4-hour chart, and the price successfully held the psychological support at $150. On-chain data shows that daily active addresses increased to 870,000, up 16% from the previous month, while average transaction fees remained stable around $0.001, indicating the network maintained good performance under load.

The derivatives market also shows optimism. Data from Coinglass indicates that open interest in SOL futures increased by 3% to $7.8 billion, with institutional contracts on CME accounting for 28%. In the options market, trading volume for $180 call options expiring at the end of November surged, suggesting professional traders expect short-term upside potential. These data points resonate with the inflow into spot ETFs, forming a multi-dimensional bullish outlook.

Solana ETF Ecosystem and Development Outlook

Currently, there are three major Solana ETF products in the U.S. market. Among them, Bitwise BSOL leads with $324 million in inflows, utilizing smart contracts to automate staking, simplifying on-chain technical processes for investors. Grayscale GSOL employs a hybrid management approach, with 70% of assets staked and 30% kept liquid. This product differentiation caters to investors with varying risk preferences.

From a regulatory perspective, SEC approval for Solana ETFs is based on the network having achieved sufficient decentralization. Data from the Solana Foundation shows that the number of validator nodes exceeds 3,200, with geographic distribution across 96 countries, and the top ten validators control less than 35% of the network. These decentralization metrics set a precedent for the approval of similar products. Analysts forecast that by early 2026, the total assets under management in Solana ETFs could surpass $5 billion.

Insights into the Reconfiguration of the Blockchain Competition Landscape

Solana’s favor among traditional financial institutions reflects changing standards for evaluating blockchain projects. Beyond transaction speed and fees, institutions are increasingly concerned with legal compliance frameworks, staking yield stability, and transparency in regulatory communication. In these aspects, ongoing dialogue between the Solana Foundation and the SEC has yielded positive results. In contrast, other competing blockchains have invested less in these non-technical dimensions.

From a technological evolution standpoint, Solana is expected to implement the Firedancer upgrade in 2026, which will increase network throughput from the current 65,000 TPS to 1 million TPS. This scalability enhancement, combined with its existing institutional-grade product foundation, could further expand its application in high-frequency trading scenarios. Particularly for traditional financial products requiring on-chain settlement, Solana is gradually becoming the infrastructure of choice.

Conclusion

The allocation of funds by financial institutions into Solana ETFs signifies a new phase in the institutionalization of cryptocurrencies. As asset management giants systematically evaluate blockchain technical indicators and compliance features, the industry’s competitive landscape has expanded from purely technical performance to comprehensive ecosystem development. With more traditional capital entering through compliant products, Solana is poised to achieve more significant growth in DeFi, real-world asset tokenization (RWA), and other key areas.