Solana ETFs Attract Record Inflows Amid SOL Price Rebound
Solana exchange-traded funds (ETFs) attracted $9.1 million in net inflows on August 26, led by Morgan Stanley's MSOL with approximately $5.5 million.
This accounts for about 60% of the total inflow for the day, with Bitwise's BSOL adding $2.6 million and VanEck's VSOL taking in around $1 million.
The influx has contributed to a strong run for Solana-focused funds, even as the daily pace cooled from two larger sessions earlier in the week.
According to SoSoValue data, MSOL drew roughly $5.5 million, accounting for about 60% of Wednesday's total inflow.
The surge in subscriptions has also been accompanied by heavier trading activity, with Bitwise President Teddy Fusaro stating that BSOL recorded the highest-volume session for any Solana ETF on August 24, with over $108 million changing hands in a single day and over $261 million traded across four sessions.