SOL-ETF Inflows Reach $199 Million in Debut Week

U.S. spot ETFs based on Solana attracted $199.2 million in their debut week.

In its inaugural trading week, U.S. spot exchange-traded funds based on Solana attracted net inflows of $199.2 million, according to SoSoValue.

The segment currently features two players—the new BSOL from Bitwise and the converted GSOL from Grayscale. The majority of funds ($197 million) were secured by the former product.

The total assets under management for Solana-ETF reached $502 million, absorbing about 0.5% of the issuance.

The average daily trading volume was approximately $60 million.

BSOL’s advantage over GSOL lies in the temporary absence of fees. Both direct coins into staking: Bitwise locks the cryptocurrency in full, while Grayscale does so with 77%.

Bloomberg analyst Eric Balchunas noted the successful launch of these trading instruments.

What a week for $BSOL, besides the big volume, it led all crypto ETPs by a country mile in weekly flows with +$417m ($IBIT had a rare off week, it’ll be back). It also ranked it 16th in overall flows for the week. Big time debut. pic.twitter.com/HpKUTdq1J5

— Eric Balchunas (@EricBalchunas) November 1, 2025

“What a week it was for BSOL! Besides the large trading volume, it led all cryptocurrency ETP in weekly inflows with $417 million. Additionally, the fund ranked 16th in overall weekly flows. A great debut,” the expert emphasized.

The Solana price remains unaffected by the success of these derivative products. Over the week, the coin’s value fell by 3.5% to $186.

Meanwhile, ETFs based on LTC and HBAR attracted significantly less attention. Over the week, the Hedera fund received net inflows of $44 million, while the Litecoin-based product saw only $719,000.

Bitwise’s Chief Investment Officer Matt Hougan stated that Solana could replicate Bitcoin’s success, as it offers similar opportunities.