Crypto
Solana ETFs Surge Past $1.5B in Net Inflows Amid Record Week
The Solana (SOL) ETF market saw a record-breaking influx of funds last week, with $188.1 million in net inflows from September 21 to 25. The seven tracked U.S. Solana ETFs all finished the period in the black.
Bitwise's BSOL was the clear leader, accounting for around two-thirds of the combined inflows at $128.4 million. This pushed its cumulative net inflows past $1.2185 billion.
The Bitwise CEO, Hunter Horsley, commented on the surge in a September 25 post, stating that BSOL had already drawn over $110 million during the week and that 'many seem to be thinking Solana looks good.'