Grayscale’s GSOL spot ETF launch and Bitwise’s BSOL gains reflect accelerating investor interest in regulated Solana products within the U.S. crypto ETF market.
On October 29, 2024, Grayscale’s spot Solana ETF (GSOL) began trading with $1.4 million in net inflows on its first day. The same day, Bitwise’s Solana Staking ETF (BSOL) recorded $46.5 million in inflows, following $69.5 million from its October 28 debut. These figures highlight strong demand for regulated Solana-focused investment vehicles.