SOL Spot ETFs See Massive Inflows This Week

Solana-focused exchange traded funds (ETFs) saw significant investment inflows during the week of November 17th to 21st, according to data from SoSoValue. The Bitwise Solana Spot ETF (BSOL) led the influx with a remarkable $86.31 million inflow, bringing its historical total net inflow to $444 million. This was followed by Grayscale’s Solana Spot ETF (GSOL), which experienced a weekly inflow of $18.13 million, reaching a total net inflow of $42.44 million so far. The combined value of SOL spot ETFs has reached $719 million as of the time of reporting, with an ETF net asset ratio of 1.01% compared to Bitcoin’s market value. This represents a remarkable $510 million cumulative historical net inflow for these funds.