US spot Solana ETFs draw $188.21 million in weekly inflows

  • US spot Solana ETFs attracted $188.21 million in net inflows during the week ended September 27.
  • Bitwise’s BSOL accounted for $128.46 million of the weekly inflows.
  • Solana led tokenized commodities trading with $91.1 million in weekly volume.

US spot Solana ETFs attracted $188.21 million in net inflows during the seven days ended Sept. 27, their strongest weekly performance in 10 months. Bitwise’s BSOL led with $128.46 million, followed by Grayscale’s GSOL with $28.06 million and Fidelity’s FSOL with $17.59 million. A further $12.70 million entered the products on Sept. 28, bringing cumulative net inflows to $1.62 billion and combined net assets to $1.93 billion, or about 2.76% of Solana’s market capitalization. SOL traded near $120 while holding above $116 support, after approaching $125 the previous week. Analyst Ali Charts said the funds had accumulated about 4.37 million SOL worth roughly $450 million over 11 consecutive weeks through Sept. 25 and projected a possible move toward $150. Solana also led tokenized commodities trading during the Sept. 21-27 period, with $91.1 million in volume and 28% market share. Technical indicators showed strengthening momentum, although the MACD remained below its signal line.

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