Solana ETFs Attract Record $138M Inflows as Bitwise BSOL Hits $1B AUM

Solana spot exchange-traded funds (ETFs) saw their strongest net inflow streak on record, with $138 million entering the sector over a 10-day period.

The ten-day surge included a $47 million single-day inflow on Tuesday, as investors continued to favor Solana-based products despite choppy market conditions.

Glassnode reported that Bitwise's BSOL Solana Staking ETF surpassed $1 billion in assets under management (AUM), becoming the first Solana ETF to reach this milestone. This achievement comes exactly 10 months after BSOL's launch, with nearly $1 billion in inflows entering during a bear market.

The resilience in ETF demand was notable as Solana's spot price remained under pressure, dipping 4.26% to $103.58 over the past 24 hours. Analysts see potential for another move toward $110 if SOL holds above the key Fibonacci support level of $104.41.