SOL spot ETFs post $2.1998 million in July 2 net inflows

After a modest $521,100 net inflow on July 1, SOL spot ETFs added $2.1998 million on July 2 as Bitwise's BSOL led inflows; total net assets rose to $936 million, according to SoSoValue.

SOL

25d ago

Fact Check

The PANews report matches the claim on every specific figure: $2.1998 million single-day net inflow, all from the Bitwise Solana Staking ETF (BSOL), total net assets of $936 million, and cumulative historical inflows of $1.135 billion. It attributes the data to SoSoValue's US SOL ETF tracker. While the SoSoValue ETF page itself did not surface the exact figures in the fetch, the corroborating primary news source is consistent and no conflicting evidence was found. Confidence is medium because only one independent source (which is also the underlying data aggregator's downstream report) directly confirms the numbers.

Summary

SOL spot ETFs recorded net inflows on both July 1 and July 2, according to SoSoValue, with the latest reported day showing $2.1998 million of net inflows on July 2, U.S. Eastern Time. Bitwise Solana Staking ETF (BSOL) accounted for all of July 2's additions. On July 1, the category posted a smaller net inflow of $521,100, led by BSOL's $3.9909 million inflow, while Grayscale Solana Trust (GSOL) recorded a $3.4699 million outflow. As of the July 2 update, total net assets across SOL spot ETFs stood at $936 million and cumulative historical net inflows reached $1.135 billion, up from $891 million and $1.133 billion, respectively, in the July 1 data. Daily spot ETF flow data are closely tracked as an indicator of investor demand for funds that hold the underlying asset directly.

Terms & Concepts

spot ETFs: Funds that hold the underlying asset directly rather than using derivatives.
net inflows: The amount of money entering a fund after subtracting withdrawals.
Solana Staking ETF: An exchange-traded fund tied to Solana that includes staking to generate yield.