Solana ETFs Draw Record $188.1 Million in Weekly Inflows
The Solana (SOL) exchange-traded funds (ETFs) in the U.S. have set a new record for weekly inflows, reaching $188.1 million through September 25.
According to the data, Bitwise's BSOL captured more than two-thirds of this capital, drawing in $128.4 million across the five trading sessions.
The largest single-day inflow occurred on Friday, with a total of $86.7 million pouring into the funds. BSOL accounted for $55.7 million of this amount, followed by Grayscale's GSOL at $18.5 million and Morgan Stanley's MSOL at $6 million.
While the inflows are impressive, it's worth noting that they come as Solana prepares to undergo a significant upgrade called Alpenglow, which aims to reduce transaction finality times from around 12.8 seconds to roughly 150 milliseconds.