Wall Street institutions invested $540 million in the US Solana ETF in Q4 last year.

Gate News reports that on March 10th, Bloomberg ETF analyst James Seyffart shared data showing that Wall Street institutions invested over $540 million in the U.S. spot Solana ETF in the fourth quarter of last year. Among them, Electric Capital Partners led with $137.8 million, followed by Goldman Sachs with $107.4 million. Elequin Capital, SIG Holding, and Multicoin Capital made it into the top five, with Morgan Stanley and Citadel Advisors also among the buyers. The data comes from the 13F filing submitted in mid-February, which requires institutions managing over $100 million to disclose their holdings for the fourth quarter. In terms of holder types, investment advisors were the largest holders with over $270 million, hedge funds held $186.4 million, holding companies held $59.5 million, brokerages held $20.3 million, and banks held $4.5 million. Despite the approximately 4.3 million SOL tokens held losing over 30% of their market value since the end of last year, the Solana ETF has accumulated inflows of $952 million since its launch in October last year.