Solana ETFs Draw $188M as Bitwise Captures Majority of Inflows
U.S.-based Solana-linked spot exchange-traded products (ETPs) saw $188.21 million in net inflows over five trading days ending September 25, with Bitwise's BSOL ETF capturing 68% of these inflows at $128.46 million.
The strong interest in Solana ETPs was notable despite SOL's price being around 60% below its all-time high of approximately $293, with the token trading at around $119 on Monday.
All seven Solana-focused funds tracked by SoSoValue had positive net inflows during the week, indicating that investment in Solana funds increased.