Bitwise Solana ETF surpasses $197 million in cumulative inflows three days after launch

Source
Suehyeon Lee

Summary

  • Bitwise's Solana spot ETF (BSOL) reportedly recorded cumulative inflows of $197 million three days after launch.
  • BSOL reported four consecutive trading days of net inflows, maintaining strong investment momentum.
  • Over the same period, Grayscale's Solana ETF (GSOL) recorded cumulative inflows of $2.2 million.
Photo=Farside Investor
Photo=Farside Investor

Bitwise's Solana (SOL) spot exchange-traded fund (ETF) 'BSOL' recorded inflows approaching $200 million in cumulative funds three days after launch.

On the 1st (local time), according to Solana Floor, BSOL recorded net inflows of $44.5 million (about 63.6 billion won) the previous day. This is the fourth consecutive trading day of net inflows.

Thus, Bitwise's BSOL continued to record steady net inflows after launch, maintaining strong investment momentum. To date, cumulative inflows are $197 million (about 281.8 billion won). Meanwhile, over the same period Grayscale's Solana ETF 'GSOL' recorded cumulative inflows of $2.2 million.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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