Solana Spot ETFs See Surge in Inflows During Week

Solana-focused exchange traded funds (ETFs) witnessed a significant influx of investment during the week ending November 21st (Eastern Time). According to data from SoSoValue, these funds saw a net inflow of $128 million over the period. The Bitwise Solana Spot ETF (BSOL) led the charge, garnering $86.31 million in inflows for the week, bringing its total historical net inflow to a substantial $444 million. Following closely behind was Grayscale’s Solana Spot ETF (GSOL), which recorded a weekly inflow of $18.13 million, with a cumulative net inflow reaching $42.44 million. 500 million in asset value, and a relatively low ETF net asset ratio of only 1.01%, when compared to Bitcoin’s market value.