Bitwise Solana Staking ETF Drives $11.45 Million in SOL Spot ETF Inflows
On April 10, SOL spot ETFs recorded $11.45 million in net inflows, entirely led by Bitwise Solana Staking ETF (staking fund tied to Solana), pushing category assets and cumulative inflows higher.
SOL
Summary
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Terms & Concepts
Spot ETF: An exchange-traded fund that holds the underlying asset directly, giving investors price exposure without owning the token themselves.
Staking: Locking crypto to help support a blockchain network and earn rewards in return.
Net inflows: The amount of new money entering a fund after subtracting withdrawals over a given period.