Solana SOL Price Drops 20% After ETF Launch Despite Strong Investment Inflows

Solana's SOL cryptocurrency has experienced significant price decline, falling nearly 20% since the debut of its Exchange-Traded Fund (ETF). This substantial drop occurred despite what market analysts describe as 'very solid' investment inflows into the new financial product. The price performance highlights the complex relationship between ETF launches and immediate cryptocurrency valuations, with SOL demonstrating notable volatility despite positive fund movement indicators in the emerging digital asset ETF market.