Institutional crypto investment extends beyond Solana, with Bitcoin spot ETFs posting $258 million in daily inflows, led by Fidelity and BlackRock.
On February 24, Solana spot ETFs recorded a $3.78 million net inflow, led by the Bitwise Solana Staking ETF with $2.62 million and Fidelity’s Solana Fund ETF with $1.16 million. Historical cumulative inflows for Solana ETFs reached $901 million, with total assets valued at $697 million and a SOL asset ratio of 1.56%. The same day, Bitcoin spot ETFs saw $258 million in net inflows, according to SoSoValue. Fidelity’s FBTC posted $82.81 million, followed by BlackRock’s IBIT with $78.93 million. Total Bitcoin ETF assets hit $81.302 billion, with cumulative net inflows at $54.067 billion, underscoring growing institutional demand for both Solana and Bitcoin-based investment products.