Spot Solana (SOL) and Chainlink (LINK) exchange-traded funds pulled in their largest daily inflows in a month on Apr. 16.
Solana ETF Inflows
Solana ETFs took in $15.5 million, the biggest one-day haul since Mar. 17, when the products absorbed $17.81 million. The figure nearly tripled the prior session's $5.36 million.
Cumulative net inflows for the category now sit at $996.82 million, just shy of $1 billion.
Apr. 16 also marked the first three-day positive streak for Solana ETFs since mid-March.
Chainlink ETFs added $1.57 million on the same day, their highest daily intake since Mar. 19. That figure jumped roughly 9.5 times from the prior session and extended a six-day run of positive flows, the longest streak the category has logged.
The products have never posted a single day of net outflows. Chainlink ETF assets under management stand at $102.28 million, roughly matching cumulative inflows of $103.32 million.
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Altcoin Price Reaction
Spot prices moved only slightly. LINK traded near $9.46, up 1.6% on the day and about 5.54% on the week.
SOL changed hands near $88, gaining 3.3% and 5.6% across seven days.
Solana led the top 10 cryptocurrencies by market capitalization in daily gains. Both tokens outran Bitcoin (BTC) and Ether (ETH), which each rose less than 1% over the same window.
Still, SOL and LINK have traded in the red over the past month, reflecting a broader altcoin drawdown that left mid-cap products struggling to attract sustained institutional bids until this week's turn.
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