Solana ETF
SOLZ
42 hedge funds and large institutions have $39.9M invested in Solana ETF in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
2,172% more capital invested
Capital invested by funds: $1.76M → $39.9M (+$38.2M)
1,800% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 2
600% more funds holding
Funds holding: 6 → 42 (+36)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
11.82% more ownership
Funds ownership: 7.72% → 19.54% (+12%)
59% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $27.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.1M |
| 2 |
Jane Street
New York
|
+$4.09M |
| 3 |
GDCM
Galaxy Digital Capital Management
New York
|
+$2.37M |
| 4 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
+$2.28M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Militia Capital Partners
Las Vegas,
Nevada
|
-$1.52M |
| 2 |
TPWA
Twin Peaks Wealth Advisors
Burlingame,
California
|
-$28.5K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.85K |
SOLZ Hedge Fund Activity: Q3 2025 in Review
42 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Solana ETF (SOLZ) for Q3 2025, worth a combined $39.9M — up 2,172% from $1.76M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SOLZ positions and 2 closed out — a net gain of 36 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $13.1M. The largest seller was Militia Capital Partners, exiting entirely with an estimated $1.52M sold.
- 42 institutional investors held Solana ETF (SOLZ) as of Q3 2025, up from 6 in Q2 2025.
- Funds reported $39.9M of Solana ETF stock for Q3 2025, up 2,172% quarter-over-quarter.
- 38 funds opened new Solana ETF positions in Q3 2025 and 2 closed out, a net change of +36 holders.
- The largest Solana ETF buyer in Q3 2025 was Susquehanna International Group, an estimated $13.1M added.
- The largest Solana ETF seller in Q3 2025 was Militia Capital Partners, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2025.