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October 5, 2026
Altcoins · · 5 mins read · 947 words

Solana ETFs Post Record $188M Weekly Inflows, Bitwise Leads

Solana ETF inflows hit a record $188M in the week to September 25, 2026, with Bitwise's BSOL drawing the largest share, per fund-flow data.

Sarah Williams
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Sarah Williams B.S. Verified
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U.S. spot Solana exchange-traded funds recorded about $188 million in net inflows during the week ending September 25, 2026 — their strongest week since launch — with Bitwise’s BSOL fund drawing the largest share, according to fund-flow data reported by The Daily Hodl and The Cryptonomist.

How big were the weekly inflows?

The Daily Hodl reported total net inflows of roughly $188.1 million across the group of U.S. spot Solana ETFs for the week, describing it as a record. Every fund in the category reportedly took in new money over the period, a sign of broad rather than concentrated demand.

  • Weekly net inflows: about $188.1 million, per The Daily Hodl.
  • Peak single day: roughly $86.7 million on September 25.
  • Every tracked Solana ETF reported net inflows for the week.

Which funds drew the most money?

Bitwise’s BSOL led the group with about $128.4 million in weekly inflows — roughly two-thirds of the total — according to the reported data. Grayscale’s product followed with about $28.06 million over the same stretch. The Cryptonomist reported the same record weekly figure and noted that all of the funds participated in the gains.

How much have Solana ETFs gathered overall?

Cumulative net inflows for U.S. spot Solana ETFs reached about $1.599 billion as of the reporting, with BSOL alone accounting for roughly $1.2185 billion of that total since launch, per the figures cited by The Daily Hodl. That concentration reflects BSOL’s early lead in the Solana ETF category.

When did U.S. Solana ETFs start trading?

U.S. spot Solana ETFs began trading in late October 2025, making the September 2026 record week a milestone roughly eleven months into the products’ history. The launch followed earlier approvals of spot Bitcoin and Ethereum ETFs and extended regulated, exchange-listed exposure to a third major crypto asset.

A spot Solana ETF holds SOL directly and tracks its market price, letting investors gain exposure through a brokerage account without custodying tokens themselves. Some Solana funds are structured to capture staking rewards, passing a portion of that yield to shareholders, which issuers have pointed to as a differentiator from non-staking crypto funds. That yield feature is one reason coverage has linked the category’s growth to institutional demand.

How do weekly inflows fit the broader picture?

Net inflows measure the money entering a fund over a period, after redemptions, and are widely used as a gauge of investor appetite. A record inflow week indicates that, on balance, buyers added exposure faster than sellers exited. Analysts caution, however, that flows are a backward-looking snapshot of demand and do not indicate the direction of future prices. Concentration also matters here: with BSOL responsible for the bulk of both the weekly and cumulative totals, the category’s headline numbers are heavily influenced by a single fund.

What is driving the demand, and what are the caveats?

Coverage of the inflows attributed the surge to rising institutional interest in Solana exposure, including interest in funds that offer staking yield. Weekly fund-flow figures can be volatile, however, and a single strong week does not establish a lasting trend; flows can reverse quickly with market conditions.

The record week also arrived against a backdrop of expanding crypto ETF offerings in the United States, where regulators have cleared a growing roster of spot and staking products since 2024. Each new category tends to draw an early wave of inflows as advisers and institutions establish positions, which can make the first months of trading unusually active. Whether Solana funds sustain the pace set in late September will depend on broader market sentiment and on how the products compete with one another on fees and yield.

Background: how U.S. Solana ETFs reached this point

U.S. spot Solana ETFs began trading in late October 2025, extending regulated, exchange-listed crypto exposure beyond Bitcoin and Ethereum to a third major asset. The Daily Hodl tracked seven such funds and reported that the record week ran from September 21 through 25, 2026, with every one of the seven posting positive flows. A spot Solana ETF holds SOL directly and tracks its price; some funds are structured to capture staking rewards and pass part of that yield to shareholders, a feature issuers have highlighted to distinguish the category from non-staking crypto funds.

Why it matters

Net inflows, measured after redemptions, are a widely used gauge of investor appetite, and a record week indicates buyers added exposure faster than sellers exited. The concentration is as notable as the headline: Bitwise’s BSOL drew roughly two-thirds of the week’s money and, at about $1.2185 billion of the category’s ~$1.599 billion cumulative total, accounts for the bulk of all inflows since launch. That means the group’s reported figures are heavily influenced by a single fund — worth keeping in mind when reading category-wide totals.

What to watch next

Flows are a backward-looking snapshot and can reverse quickly, so the open question is whether Solana funds sustain late September’s pace or whether it proves a one-week spike. Coming weeks of fund-flow data will show whether demand broadens beyond BSOL and how the funds compete on fees and on staking yield. The Daily Hodl and The Cryptonomist both framed the surge as tied to rising institutional interest, but neither treated a single strong week as establishing a lasting trend.

This article is informational only and is not investment advice. It makes no prediction about the price of SOL and should not be read as a recommendation to buy, sell or hold any ETF or token. All figures are as reported by the cited outlets.

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Disclaimer: The content on this page is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

Sarah Williams
About the author
Verified
Sarah Williams
Blockchain Editor · 6 years experience

Sarah Williams is STnews's Blockchain Editor, leading coverage of blockchain technology, DeFi investigations, exchange analysis and crypto regulation. Her reporting adheres to STnews's editorial standards — primary-sourced, cited, and non-advisory.

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B.S. Computer Science, MIT
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Conflicts of interest

I hold no positions in any cryptocurrency mentioned in my coverage. All investment-related content is reviewed by senior editors before publication. I am not compensated by any project I cover.

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