Bitwise Dominates Record $188.21M Weekly Inflows Into US Spot Solana ETFs
AI Market Summary
US spot Solana ETFs recorded a launch-to-date high of $188.21M in weekly net inflows, with all seven funds positive, signaling broadening institutional and retail demand via regulated wrappers. Flows were highly concentrated in Bitwise's BSOL ($128.46M; ~68%), while Grayscale added $28.06M. The strong Friday contribution ($86.67M) reinforces near-term momentum and liquidity focus in the SOL ETF complex.
Impact level
● Medium
Affected assets
SOL/USDT+1.46%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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US spot Solana exchange-traded funds pulled in a record $188.21 million in net inflows last week, marking their strongest week since debut, with all seven products reporting gains.
Bitwise accounted for the bulk of new money. Its Solana Staking ETF (BSOL) attracted $128.46 million between September 21 and September 25, roughly 68% of the weekly total. Grayscale placed second with $28.06 million over the five trading sessions.
Friday was the biggest day, contributing $86.67 million, nearly half of the week's inflows. Even excluding Friday, the other four sessions still generated $101.54 million across the group.
While every fund saw positive inflows, allocations were heavily concentrated. BSOL drew in more than twice the combined inflows of the other six ETFs. Bitwise and Grayscale together collected $156.52 million, about 83% of all weekly Solana ETF inflows, leaving approximately $31.69 million for the remaining five products.
The figures reflect net inflows—cash entering each fund after redemptions are deducted—and are separate from ETF trading volume, which measures the value of shares changing hands.
Bitwise entered the week with a sizable lead: BSOL surpassed $1 billion in assets under management in August, becoming the first Solana ETF to reach that level less than a year after launch. The latest data show peers also attracted capital, even as Bitwise maintained a clear advantage.
The surge in ETF inflows coincided with a broader rally in Solana's price, though inflow totals alone do not explain investor motivations or quantify the impact on SOL.
The week closed with a new inflow record for US Solana ETFs and a familiar top recipient: Bitwise remained the primary beneficiary, while across-the-board gains signaled demand extending beyond the category leader.