Bitwise's BSOL buys $9.65 million of SOL as staking ETF leads U.S. inflows

  • Bitwise's BSOL recorded $9.65 million in net inflows on Sept. 28.
  • BSOL extended its inflow streak to seven consecutive trading days.
  • U.S. spot Solana ETFs recorded $12.7 million in Sept. 28 net inflows.

Bitwise's Solana Staking ETF, trading as BSOL, attracted $9.65 million in net inflows on Sept. 28, extending its buying streak to seven consecutive trading days as SOL's price declined. The latest inflow lifted BSOL's cumulative net inflows to about $1.23 billion, broadly matching earlier reported data of $1.228 billion, while U.S. spot Solana ETFs recorded $12.7 million of daily net inflows and held $1.925 billion in total net assets. BSOL holds and stakes SOL, providing investors with token price exposure and staking rewards without requiring direct wallet or validator management. Reports have differed over cumulative category flows and an alternative estimate of BSOL's cumulative net SOL purchases, but agree on the fund's $9.65 million daily inflow. The new inflows brought BSOL closer to $1.5 billion in cumulative net inflows as institutional interest in Solana increased during the broader crypto-market recovery.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.