{"id":56214,"date":"2025-11-02T15:01:33","date_gmt":"2025-11-02T15:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56214"},"modified":"2025-11-02T15:01:33","modified_gmt":"2025-11-02T15:01:33","slug":"us-spot-solana-etfs-record-200m-inflows-in-debut-trading-week-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56214","title":{"rendered":"US Spot Solana ETFs Record $200M Inflows In Debut Trading Week \u2014 Details"},"content":{"rendered":"
\n

The spot Solana ETFs (exchange-traded funds) join the Ethereum funds as the second spot altcoin-linked investment products to hit the US market in recent years. Interestingly, the latest market data shows that the exchange-traded funds have made a strong start to life, recording significant inflows in the first few trading days.<\/p>\n

Spot Solana ETFs Reach $500 Million Net Assets In Single Week<\/b><\/h2>\n

According to data from SoSoValue<\/a>, the two US-based spot Solana ETFs registered a total net inflow of $199.21 million in their first week of trading. This influx of capital reflects the optimism and growing demand for crypto-linked investment products in one of the largest global financial markets.<\/p>\n

The week\u2019s star performer was Bitwise\u2019s Solana Staking ETF (with the ticker BSOL), which recorded positive inflows in the first four trading days. On Friday, October 31st, the exchange-traded fund posted a total net inflow of roughly $44.5 million, bringing the debut week\u2019s performance to over $197 million.<\/p>\n

Bloomberg analyst Eric Balchunas said about the Bitwise Solana ETF performance:<\/p>\n

\n

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\u2019ll be back). It also ranked it 16th in overall flows for the week. Big time debut.<\/p>\n<\/blockquote>\n

While Grayscale\u2019s Solana Trust (GSOL) didn\u2019t record any activity on Friday, it closed the week with a total net inflow of about $2.18 million. It is worth noting that the Grayscale fund launched a day after\u00a0 Bitwise\u2019s spot Solana ETF, but both exchange-traded funds have a total net asset of over $500 million.<\/p>\n

\"Solana<\/p>\n

Considering the impact of spot Bitcoin and Ether ETFs on the assets\u2019 prices, it would be interesting to see how the performance of the Solana ETFs affects SOL\u2019s price<\/a> in the coming months. As of this writing, the price of Solana stands at around $185, reflecting a more than 4% decline in the past seven days.<\/p>\n

Demand For Bitcoin And Ether ETFs Slows Down<\/b><\/h2>\n

The US-based Bitcoin and Ether ETFs registered unconvincing performances in the past week, as investor sentiment in the market seems to worsen by the day. The Bitcoin exchange-traded funds posted a total net outflow of over $607 million in the past week.<\/p>\n

Meanwhile, the Ether ETFs snapped their streak of consecutive outflow weeks<\/a> with a positive weekly influx of over $114 million. Nevertheless, it is worth mentioning that these crypto-linked investment products still ended the month of October with net positive inflows.<\/p>\n

\"Solana<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The spot Solana ETFs (exchange-traded funds) join the Ethereum funds as the second spot altcoin-linked investment products to hit the US market in recent years. Interestingly, the latest market data shows that the exchange-traded funds have made a strong start to life, recording significant inflows in the first few trading days. Spot Solana ETFs Reach […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56214","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56214"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56214\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}