Solana ETFs Pull in Almost $200 Million in Four Days
The crypto scene hit a fresh high with Bitwise and Grayscale rolling out Solana ETFs. These funds drew close to $200 million in only four days. That points to strong demand for SOL. Let's break down this shift that might shake up the market.
A Solana ETF ride that shoots up to $200 million. Follow us on Google News Quick facts Solana ETFs grabbed nearly $200 million in four days. That's a top mark for any crypto ETF start. Even with big money flowing into Solana ETFs, SOL's price dipped 1.5% in the past day.
Looking at SOL's future sparks this thought: Will Solana ETFs spark a later jump in SOL? Big win for Solana ETFs: A key moment in history Bitwise broke ground on October 28, 2025, with the first ETF tied straight to Solana. The crypto crowd jumped on it right away. Grayscale jumped in soon after with its version. That shows real buzz around this coin.
Both launches highlight a shift. Big finance players now see SOL's promise. Many view it as a real rival to Ethereum. For buyers, these ETFs let them tap into Solana without owning the coin itself. It's a big boost for big-money entry into crypto.
Solana ETF Draws Close to $200 Million in Four Days The numbers tell the story. Bitwise's Solana ETF, called BSOL, saw $69.5 million pour in on day one. Then came $46.5 million, $36.5 million, and $44.6 million over the next days. In four days flat, BSOL hit $197 million.
Grayscale's Solana ETF, GSOL, pulled in $2.2 million in that time. It got $1.4 million on October 29 and $0.8 million on October 30. Add them up, and the pair reached $199.2 million. That's a high point for Solana funds. These stats show quick trust from investors.
Bitwise's BSOL ETF took in $69.5 million on launch day. Day two brought $46.5 million, day three $36.5 million, and day four $44.6 million. That totals $197 million for BSOL in four days. Grayscale's GSOL added $2.2 million, split as $1.4 million on October 29 and $0.8 million on October 30. Overall, the two ETFs hit $199.2 million. A new record for Solana products.
Solana's BSOL and GSOL ETFs hit $199.2 million in four days
SOL Shows Mixed Vibes Amid ETF Money Rush All the excitement around Solana ETFs and $199.2 million in four days hasn't lifted SOL yet. The price fell 1.5% in the last 24 hours. Sitting at $185.73, Solana seems to hold back. Yet the mood stays positive for these linked funds.
This setup brings up points. Why hasn't SOL surged from the cash flood? A few things might play in:
Crypto prices swing wild. Hype and quick sales can push short-term drops. Big investors may move slow. They could watch how the ETFs play out before going all in. Time will tell if this dip is short-lived or part of a bigger pattern.
Solana ETFs stand as a game shift. They pulled in millions fast. Might SOL rise as the next big crypto hit? The space feels alive like never before.