Solana’s ETF market closed out the second week of November with consistent, moderate inflows, reinforcing the narrative that institutional appetite for SOL exposure remains healthy despite broader crypto volatility.
The Bitwise Solana ETF (BSOL) continued to dominate weekly activity, while Grayscale’s GSOL saw only light additions.
Across both funds, Solana ETFs attracted a combined $51.7 million for the week – almost entirely driven by Bitwise – pushing cumulative flows since launch to over $382 million.
Institutional Momentum Persists Despite Slowing Pace
Bitwise’s BSOL brought in $29.2 million on Nov. 6, the strongest daily haul of the week and one of the most notable inflows since early November. Additional inflows followed on Nov. 7 ($11.7M), Nov. 10 ($5.9M), Nov. 11 ($2.1M), Nov. 12 ($12.5M), and Nov. 14 ($12M).
The only quiet day for BSOL was Nov. 13, when it collected just $1.5 million.
These steady additions suggest that institutional allocators are continuing to average into Solana ETF exposure rather than chasing short-term price moves – a pattern that has defined BSOL’s inflow streak since late October.
Grayscale’s GSOL Sees Light but Consistent Upticks
Grayscale’s GSOL contributed a smaller share this week with inflows of:
- $1.0M on Nov. 7
- $0.9M on Nov. 10
- $5.9M on Nov. 11
- $5.6M on Nov. 12
No flows were recorded on Nov. 13 or Nov. 14, but GSOL still added $14.4 million across the week – a solid improvement from earlier in the month.
Combined, the two ETFs saw over $40 million in inflows from Nov. 10–14 alone, underscoring the durable institutional interest in Solana exposure even as market sentiment across crypto remains mixed.
What the Flows Suggest
The data paints a clear picture: demand for Solana ETFs is no longer driven by short-term hype. Instead, institutions appear to be building strategic, long-horizon positions, with daily inflows showing surprising resilience. The consistent pace of additions – especially from BSOL – highlights Solana’s strengthening position as the third major digital asset seeing structured, regulated fund inflows.
With the Solana ETF category now approaching $400 million in total flows, the asset continues to cement itself as the most successful non-Bitcoin, non-Ethereum ETF product launched in the past two years.
