Solana ETFs Attract $138M in 10 Days Amid Institutional Demand

Solana ETFs have seen significant inflows in recent days, according to data from Glassnode. Over the past 10 days, these spot ETFs recorded $138 million in net inflows, with a single-day high of $47 million.

Bitwise's BSOL ETF holds approximately 9.3 million SOL and has exceeded $1 billion in assets under management (AUM). This development is notable as it shows the growing interest in Solana among institutional investors.

The report from Glassnode highlights that these figures are not necessarily indicative of future price movements, but rather a snapshot of current trading activity. The data providers mentioned in the post have measured exchange balances and volume, which do not necessarily reflect official statements from all market participants.