Solana ETFs Post Record Weekly Inflows, Bitwise Fund Dominates
U.S. spot Solana ETFs attracted a record $188.21 million in net inflows from September 21 through September 25. Bitwise's BSOL led with $128.46 million, about 68% of the total, while Grayscale was second at roughly $28.06 million. Friday alone brought in $86.67 million, nearly half of the week's inflows, and all seven funds finished the period positive.
Bitwise's BSOL fund took in $128.46 million of the $188.21 million weekly total, while Grayscale added roughly $28.06 million. Together the two providers captured about 83% of net inflows, leaving approximately $31.69 million spread across the other five funds. Every product finished the period positive.
Friday's $86.67 million represented about 46% of the week's figure, with $101.54 million arriving across the prior four sessions. BSOL crossed $1 billion in assets in August, the first Solana ETF to do so, less than a year after these products launched. Net inflows reflect deposits after withdrawals, not trading volume.
The heavy concentration of inflows in a single fund could shape how asset managers design and market crypto ETFs, potentially steering retail and institutional money toward staking-enabled products. Investors exposed to Solana through these vehicles may see returns tied to both price swings and staking mechanics, which carry distinct risks. Wider adoption of such funds may also influence how regulators and traditional finance treat digital-asset products, though the inflows alone say little about their long-term effect on markets or society.