đš SOL Spot ETFs Pull In $5.44M â Bitwise Leads the Inflows đ°đ
Institutional interest in Solana remains active.
On September 29, U.S. SOL spot ETFs recorded a total net inflow of $5.44 million.
Daily breakdown:
âą Bitwise Solana Staking ETF (BSOL) led with $5.75 million in net inflows
â Cumulative net inflow now stands at $1.234 billion
âą VanEck Solana ETF (VSOL) saw a net outflow of $1.60 million
â Cumulative net inflow: $24.33 million
Bigger picture:
âą Total net assets across SOL spot ETFs: $1.938 billion
âą SOL net asset ratio: 2.77%
âą Cumulative net inflows: $1.623 billion
While the daily number is modest compared to Bitcoin ETFs, consistent inflows into Solana products show that institutional demand for SOL exposure is still present. Bitwise continues to dominate the category by a wide margin.
Steady ETF demand can provide underlying support even during periods of price consolidation.
Are these inflows enough to help $SOL push higher, or do we need stronger volume first?
Drop your bias đ
$SOL
#CryptoNews
Institutional interest in Solana remains active.
On September 29, U.S. SOL spot ETFs recorded a total net inflow of $5.44 million.
Daily breakdown:
âą Bitwise Solana Staking ETF (BSOL) led with $5.75 million in net inflows
â Cumulative net inflow now stands at $1.234 billion
âą VanEck Solana ETF (VSOL) saw a net outflow of $1.60 million
â Cumulative net inflow: $24.33 million
Bigger picture:
âą Total net assets across SOL spot ETFs: $1.938 billion
âą SOL net asset ratio: 2.77%
âą Cumulative net inflows: $1.623 billion
While the daily number is modest compared to Bitcoin ETFs, consistent inflows into Solana products show that institutional demand for SOL exposure is still present. Bitwise continues to dominate the category by a wide margin.
Steady ETF demand can provide underlying support even during periods of price consolidation.
Are these inflows enough to help $SOL push higher, or do we need stronger volume first?
Drop your bias đ
$SOL
#CryptoNews