Solana ETFs draw record $188 million in a week as Bitwise takes two-thirds of inflows
Solana-based exchange-traded funds (ETFs) saw record inflows of $188 million in a single week, with Bitwise capturing the majority of the market share. This surge in interest coincides with ongoing network upgrades aimed at significantly reducing transaction finality times.
Why it matters
The growth of crypto-based financial products indicates increasing institutional interest in alternative blockchain assets beyond Bitcoin and Ethereum.
BSOL brought in roughly $128 million during the five sessions through Sept. 25. Grayscale’s GSOL followed with $28 million and Fidelity’s FSOL with $18 million, according to weekly figures shared by Solana’s official account. Morgan Stanley, VanEck, Franklin Templeton and 21Shares accounted for the remaining $14 million.
Friday supplied nearly half the weekly total. The funds added about $87 million that day — the largest since going live — including $56 million for Bitwise and $19 million for Grayscale.
Spot ETFs let investors hold exposure to SOL through brokerage accounts without managing a crypto wallet. Net inflows measure money entering the funds after withdrawals, rather than the value of shares changing hands between traders.
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