Overview
- Solana spot ETFs logged a 10th straight day of net inflows as of Nov. 11, adding $6.78 million for a cumulative $342.48 million since launch.
- Bitwise’s BSOL captured the vast majority of early flows and is the largest U.S. Solana ETF, with roughly $497 million in assets and an estimated ~98% share of initial inflows.
- Options on Bitwise’s BSOL and Grayscale’s GSOL began trading on Nov. 11, giving institutions listed hedging tools alongside advertised 100% staking with yields above 7% and early fee waivers.
- SEC disclosures show Rothschild Investment LLC and PNC Financial Services holding shares of the Volatility Shares Solana ETF (SOLZ), signaling traditional investor participation.
- Flow data indicate allocation shifts, with Solana ETFs taking in cash while Bitcoin and Ethereum products saw outflows, as SOL trades in the mid‑$160s on rising volumes.