U.S. spot Solana exchange-traded funds drew a record $188 million in net inflows last week, with all seven funds in the group attracting new money.
Bitwise's BSOL led with approximately $128 million, representing 68 percent of the weekly total. Grayscale's GSOL followed with $28 million and Fidelity's FSOL with $18 million. Morgan Stanley, VanEck, Franklin Templeton and 21Shares accounted for the remaining $14 million.
Friday proved the strongest trading day, with the funds adding about $87 million—the largest single day since the ETFs launched. Bitwise captured $56 million of that day's inflows, while Grayscale added $19 million.
Bitwise has established significant dominance in Solana ETF demand. The firm's BSOL product has captured approximately $1.2 billion of the group's $1.6 billion in cumulative net inflows, or roughly 76 percent.
Spot ETFs allow investors to hold exposure to SOL through brokerage accounts without managing a cryptocurrency wallet. Net inflows measure money entering the funds after withdrawals, rather than the value of shares changing hands between traders.
The buying activity extended across crypto markets more broadly. U.S. bitcoin ETFs attracted approximately $2.4 billion during the week, while ether products added roughly $690 million.
Solana developers are testing Alpenglow, an upgrade intended to reduce payment finality from approximately 12.8 seconds to roughly 150 milliseconds. The upgrade reached the network's second public testing environment on Friday, though a launch date for the live blockchain has not been announced.
