Solana-linked investment funds remained under pressure in October, extending a three-week run of net outflows after a 14-week streak of gains. The reversal contrasts with XRP ETFs, which have resumed their winning streak and kept cumulative inflows near an all-time high of $1.8 billion as the funds approach their first birthday month.

SOL ETFs Stay in the Red

Funds tracking SOL posted $17.30 million in net outflows during the latest business week covered by the data, although figures for October 23 were unavailable. The reported weekly total includes flows through Thursday and therefore may not represent the complete week.

Daily movements showed continued selling pressure:

• Monday: $6.72 million in net outflows
• Tuesday: $2.65 million in net outflows
• Wednesday: $585,300 in net inflows
• Thursday: $8.51 million in net outflows

Wednesday was the first positive session for SOL funds since October 2, but the inflow was not enough to offset withdrawals on the surrounding days. The latest figures from SoSoValue and Farside show cumulative net inflows falling from $1.61 billion on October 2 to $1.54 billion on October 22.

The current downturn follows a strong three-month period for SOL products. The funds recorded inflows for 14 consecutive weeks, from the week ending July 2 through the week ending October 2. That run ended with $24.81 million in outflows during the first full week of October, followed by a record withdrawal of $25.52 million the next week.

XRP Funds Keep Their Edge

The broader fund-flow picture is more favorable for XRP. According to the report, XRP ETFs have resumed their positive streak, with cumulative total net inflows remaining at an all-time high of approximately $1.8 billion.

The divergence suggests that investor demand is not moving uniformly across digital-asset funds. While XRP products continue to attract capital as they approach their first year, SOL products have given back part of their earlier gains in October.

At the same time, SOL price momentum has weakened. The asset was halted above $110 and is now attempting to hold above the $100 level, adding a market-price test to the fund-flow reversal.

What This Means

The latest data points to a shift in short-term institutional positioning toward SOL. Three consecutive weeks of withdrawals and a decline in cumulative inflows from $1.61 billion to $1.54 billion do not erase the asset’s earlier 14-week run, but they show that demand has cooled materially.

If outflows continue while SOL struggles to remain above $100, fund redemptions could reinforce bearish sentiment. Conversely, renewed daily inflows would provide an early indication that institutional demand is stabilizing. For now, the contrast with XRP’s $1.8 billion cumulative inflow level leaves SOL products facing a clear relative-strength challenge.