Spot Solana ETFs Log 10 Straight Days of Inflows, Totaling $342M Since Launch
Spot Solana exchange-traded funds (ETFs) in the United States have posted their 10th consecutive day of inflows, extending a streak that underscores growing institutional interest in Solana-based products.
Key Takeaways:
- Spot Solana ETFs have logged 10 straight days of inflows, amassing $342 million since their late-October launch.
- Analysts say the steady inflows reflect strong investor confidence in Solana’s growing ecosystem.
- While Bitcoin and Ethereum funds saw limited activity, Solana outperformed other altcoins.
Data from SoSoValue shows that on Monday, spot Solana ETFs recorded a combined $6.78 million in net inflows, with Bitwise’s BSOL leading at $5.92 million, followed by Grayscale’s GSOL at $854,480.
Since their launch on October 28, the two funds have attracted a cumulative $342.48 million, maintaining positive flows nearly every day except for two sessions with no activity.
Analysts Say Sustained Solana ETF Inflows Signal Strong Investor Confidence
The latest inflows mark a slowdown from their early performance, when Solana ETFs pulled nearly $200 million in their first week and reached $70 million in a single day last Wednesday.
Still, analysts view the sustained demand as a sign of investor confidence in Solana’s growing ecosystem.
Bloomberg’s Eric Balchunas described the continued inflows as a “huge number” and a “good sign” for the network’s broader adoption.
$BSOL did more volume on Day Two.. $72m is a huge number. Good sign. pic.twitter.com/KpTbiQxZnv
— Eric Balchunas (@EricBalchunas) October 29, 2025
By comparison, spot Bitcoin ETFs brought in $1.15 million on Monday, entirely from Bitwise, while Ethereum ETFs saw no net flows.
Canary Capital’s Litecoin ETF added $2.11 million, with its Hedera ETF flat for the day. The data points to Solana’s unexpected rise as one of the most sought-after altcoin investments in the ETF landscape.
As reported, institutional outflows from crypto investment products accelerated last week, reaching $1.17 billion, the second consecutive week of heavy withdrawals amid renewed market volatility and macroeconomic uncertainty.
Data shows trading volumes in ETPs remained high at $43 billion, but optimism from midweek progress on resolving the U.S. government shutdown quickly faded, sparking further redemptions by Friday.
The US market drove most of the outflows, totaling $1.22 billion, while Germany and Switzerland saw modest inflows of $41.3 million and $49.7 million, respectively.
Bitcoin funds led the losses with $932 million in outflows, followed by Ethereum at $438 million, though short Bitcoin ETPs logged $11.8 million in inflows, their strongest week since May 2025.
Despite the bearish trend, select altcoins showed resilience. Solana led with $118 million in inflows, bringing its nine-week total to $2.1 billion.
Alchemy Rebuilds Solana’s Infrastructure for Institutional Demand
Amid growing demand for Solana funds, Web3 infrastructure provider Alchemy has rebuilt its Solana stack from the ground up, aiming to deliver near-zero downtime, faster transaction speeds, and higher scalability.
Alchemy said its Solana rebuild was the culmination of two years of collaboration with developers across the ecosystem.
Working alongside teams from Bags.fm, Solflare, and Robinhood, the company studied the real bottlenecks developers faced when accessing Solana data and processing transactions.
The result is an all-new generation of RPC and Streaming APIs built specifically for Solana. The upgraded infrastructure delivers 20 times faster archive calls, 99.95% uptime, and double the throughput of its previous version.