Bitwise and Fidelity Solana Spot ETFs Record $33.22M Weekly Inflows
Bitwise and Fidelity Solana ETFs saw daily net inflows of $10.67 million on January 12, pushing cumulative assets to $1.14 billion amid sustained demand for Solana investment products.
SOL
Summary
On January 12, Solana spot ETFs posted combined net inflows of $10.67 million, driven by Bitwise SOL ETF (BSOL) with $8.56 million and Fidelity SOL ETF (FSOL) with $1.65 million. This lifted total assets under management for U.S. Solana spot ETFs to $1.14 billion, with cumulative inflows now at $828 million. The inflows follow a previous weekly total of $33.22 million, underscoring persistent investor demand for Solana-based ETFs.
Terms & Concepts
- Spot ETF: An exchange-traded fund that holds the underlying asset directly—in this case, Solana—rather than using futures or derivatives.
- Net Inflow: The total amount of capital that enters a fund during a specific period, calculated as inflows minus outflows.