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Solana ETFs Draw $199 Million in First Week as Investors Shift From Bitcoin and Ether

Early demand for BSOL underscores investor appetite for staking yields.

Overview

  • U.S. spot Solana ETFs logged $199 million in net inflows during their debut week, marking four consecutive positive sessions.
  • Bitwise’s BSOL captured about $197 million of the total, while Grayscale’s GSOL drew roughly $2.2 million.
  • Friday inflows of $44.48 million pushed Solana ETF assets above $502 million, according to flow trackers cited by the reports.
  • Spot Bitcoin and Ethereum ETFs recorded Friday outflows of $191.6 million and $98.2 million respectively, reflecting a rotation toward Solana products.
  • On‑chain indicators showed a $152 million 24‑hour jump in Solana stablecoin supply and a 1.1 million SOL transfer from Jump Crypto to Galaxy Digital, as SOL slipped 8% to about $186.75.