Solana spot ETFs record their strongest week since launch
Last week, seven US Solana spot ETFs saw total net inflows of $188 million, setting a new one-week record, and all of them recorded inflows. On Friday alone, the figure was about $87 million, also a record. For investors who want to allocate to SOL but don’t want to manage a wallet, ETFs are becoming the entry point through a brokerage account.
The capital is not distributed evenly. Bitwise’s BSOL absorbed about $128 million in a week—around 68% of total inflows. Since launch, BSOL’s cumulative net inflows are about $1.2 billion, representing roughly three-quarters of this group’s cumulative net inflows of $1.6 billion. While the seven products all managed to attract significant capital, indicating demand isn’t coming from just one fund, in practice the funds are still highly concentrated in a single product.
These figures represent net inflows—subscriptions minus redemptions—not trading volume, and they cannot be used to infer the direction of SOL’s future price. What they do show is that Solana’s capital entry channel is expanding from crypto exchanges and on-chain wallets to traditional brokerage accounts. Next, the key will be whether the inflows can continue and whether other issuers can narrow the gap with BSOL.
#SOL
Last week, seven US Solana spot ETFs saw total net inflows of $188 million, setting a new one-week record, and all of them recorded inflows. On Friday alone, the figure was about $87 million, also a record. For investors who want to allocate to SOL but don’t want to manage a wallet, ETFs are becoming the entry point through a brokerage account.
The capital is not distributed evenly. Bitwise’s BSOL absorbed about $128 million in a week—around 68% of total inflows. Since launch, BSOL’s cumulative net inflows are about $1.2 billion, representing roughly three-quarters of this group’s cumulative net inflows of $1.6 billion. While the seven products all managed to attract significant capital, indicating demand isn’t coming from just one fund, in practice the funds are still highly concentrated in a single product.
These figures represent net inflows—subscriptions minus redemptions—not trading volume, and they cannot be used to infer the direction of SOL’s future price. What they do show is that Solana’s capital entry channel is expanding from crypto exchanges and on-chain wallets to traditional brokerage accounts. Next, the key will be whether the inflows can continue and whether other issuers can narrow the gap with BSOL.
#SOL