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Wu said that according to 13F data disclosed by Bloomberg ETF analyst James Seyffart, multiple Wall Street institutions, market makers, and crypto investment firms hold spot Solana ETFs. Among them, Electric Capital Partners holds approximately $138 million (about 1.18 million SOL), ranking first; followed by Goldman Sachs with about $107 million, Elequin Capital with approximately $87.9 million, SIG Holding with about $59.5 million, and Multicoin Capital with approximately $30.99 million. Morgan Stanley, Wolverine Asset Management, VanEck Associates, and Citadel Advisors are also on the holdings list.