Solana ETFs Draw $188 Million in Past Week as Bitwise Asset Management Accounts for Most of the Inflows

US spot Solana exchange-traded funds (ETFs) took in about $188 million in net new money last week, the strongest weekly result since the products began trading. The official Solana account highlighted the figure on September 27, calling it the biggest week since launch.

All seven funds in the group recorded inflows rather than seeing demand pile into a single ticker.

Bitwise Asset Management again captured most of that capital.

Its BSOL product brought in roughly $128 million across the five sessions through September 25, 2026 or about 68 percent of the weekly total.

Grayscale’s GSOL followed with about $28 million. Fidelity’s FSOL added roughly $18 million.

The remaining $14 million was split among Morgan Stanley, VanEck, Franklin Templeton, and 21Shares.

More precise daily tallies from Farside Investors put Friday’s category-wide intake near $86.7 million, with BSOL alone taking $55.7 million that session.

Net inflows count cash that stays after redemptions.

They are not the same as trading volume among existing shareholders.

That distinction is why the week matters: new money entered the wrappers rather than simply rotating inside them.

Friday’s haul supplied nearly half the weekly total and set a daily high for the category.

Bitwise’s longer-term lead is larger still.

BSOL has absorbed about $1.2 billion of the group’s roughly $1.6 billion in cumulative net inflows, close to three-quarters of all capital raised since the October 2025 debut.

Last week’s 68 percent share was a bit below that historical concentration, because the other issuers together collected around $60 million.

The products let investors hold SOL through ordinary brokerage accounts and, in several cases, receive staking rewards without running a validator or wallet.

The Solana inflow came during a broader week for crypto funds.

Bitcoin ETFs took in about $2.4 billion, and ether products added roughly $690 million. SOL itself traded near $119, still about 60 percent below its prior peak near $293.

Price and fund flows have not always moved together, which is why the ETF numbers are being watched as a separate demand signal.

The same week, developers continued testing Alpenglow, an upgrade aimed at shrinking payment finality from about 12.8 seconds toward 150 milliseconds.

The work reached a second public test environment, though no mainnet date has been set.

Combined assets in the spot Solana ETFs recently approached $2 billion, with Bitwise still holding the dominant share. Whether last week’s record is a one-off or the start of wider issuer participation will depend on whether the other six funds keep attracting capital.


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