Solana ETFs Explode Onto Scene: Millions Pour In During Lightning-Fast Launch
Wall Street's latest crypto darling just hit the ground running—and investors are chasing it with open wallets.
The Floodgates Open
Solana ETFs aren't just launching—they're catapulting into the mainstream with millions in early inflows. Institutional money's finally waking up to what crypto natives knew years ago.
Market Stampede
Traders are piling in faster than you can say 'proof-of-history.' The numbers don't lie—this isn't a trickle, it's a tidal wave of capital seeking alpha in all the right places.
Traditional Finance Plays Catch-Up
While legacy institutions scramble to understand blockchain fundamentals, smart money's already positioning for the next leg up. Another reminder that in crypto, being early beats being perfect every time.
Just watch the suits try to take credit when this rockets past their precious blue-chip stocks—the ultimate irony in modern finance.
After launching, the U.S. spot solana ETFs recorded strong inflows. By the third day of trading, both Grayscale and Bitwise confirmed growing market adoption. Listed on NYSE Arca and Nasdaq, these funds give investors an easy way to gain exposure to Solana while benefiting from features like staking rewards and lower fees.
Bitwise BSOL ETF
Bitwise officially posted the halftime ETF collections on its X post. During its day 3 (as of 12 pm), it recorded $25 million in trading volume with $315 million in assets under management (AUM). It targets 100% of its assets to be staked, so that investors can stake rewards from their Solana holdings.
The ETF charges 0.20% management fees but waives this fee (0%) for the first three months on the first $1 billion in assets. Additionally, 100% of the staking rewards generated are passed through to the investors without any fee for the first three months.
By full time, BSOL recorded $36.55 in inflows with net assets coming at $343.78 million. Its total trading value surged to $46.12 million.
Grayscale GSOL ETF
In its full-time trading, Grayscale GSOL saw a total net inflow of $780.50K, with a market price of $12.99 at the time. Its total trading value reached $6.59 million with net assets of $96.19 million, as per SoSoValue data.
Overall, the spot Solana ETF recorded its lowest on Thursday since its launch. Its total net inflow dropped to $37.33 million, and total trading volume reached $52.71 million. Net assets came in at $439.97 million, representing 0.44% of Solana’s market cap.
Solana ETFs Awaiting SEC Approval
- CoinShares Solana ETF- Spot
- Canary Solana ETF- Spot
- 21Shares Core Solana ETF- Spot
- VanEck Solana Trust- Spot
- Grayscale Solana Trust (Conversion)- Spot
Besides these spot Solana ETFs, some ETF Futures are also pending:
- ProShares UltraShort Solana ETF-Futures
- ProShares Ultra Solana ETF- Futures
- ProShares Short Solana ETF- Futures
- ProShares Solana ETF- Futures
- Solana Volatility Shares Trust- Futures
