Solana Streak Continues as Bitcoin Sees Volatile Week

Solana's spot exchange-traded funds (ETFs) continued their winning streak for the 12th consecutive week, despite a Federal Reserve rate hike and a failed Senate crypto bill. In contrast, Bitcoin ETFs experienced a quiet yet volatile week, with nearly $1.5 billion in inflows followed by significant outflows.

Solana's consistent performance is notable, as its daily inflows were modest but steady throughout the week, with no negative sessions. On September 14, Solana gained $11.01 million, while on September 15 and 16, it added $1.35 million and $836,926, respectively.

The Bitwise Solana Staking ETF (BSOL) was the only Solana fund with disclosed inflows for the week, its shares closing 12.12% higher during that five-day stretch, ahead of SOL's own 11.29% gain.