Solana ETFs Draw Record Inflows Exceeding $138M in Just 10 Days
Solana ETFs have seen significant inflows in recent days, with $138 million pouring into spot ETFs over 10 days, according to a report from Glassnode. The largest single-day influx was $47 million.
The Bitwise Solana ETF (BSOL) has surpassed $1 billion in assets under management and holds approximately 9.3 million SOL.
The report notes that these developments are significant because they demonstrate how trading activity, custody decisions, and liquidity can impact digital-asset markets. The influx of funds into BSOL may broaden regulated access to Solana, while outflows from exchanges could be due to various factors such as self-custody or staking.
The report emphasizes that these developments are dated market observations and do not necessarily predict future price movements. It also warns against interpreting on-chain data without considering the limitations and context of the information.