Bitwise Solana ETF Draws Record Inflows in First Trading Week

Bitwise’s newly launched Solana ETF (BSOL) has set a new benchmark for altcoin investment products, recording $417 million in inflows during its first trading week, outpacing all other crypto ETFs globally and signaling robust institutional demand for Solana’s ecosystem.

BSOL’s Explosive Debut: $417M Inflows and ETF Momentum

BSOL, the first U.S. spot Solana ETF with full staking integration, attracted unprecedented investor interest, surpassing rivals like Rex-Osprey’s SSK ($12 million debut) and Grayscale’s GSOL (no inflows yet). The fund’s staking feature, powered by Helius, delivers 7% annualized yields, appealing to yield-seeking institutions. Bloomberg ETF analyst Eric Balchunas noted the surge places BSOL among the top 20 ETFs across asset classes, reflecting Solana’s $11 billion+ TVL and 65,000 TPS scalability.

  • Weekly Inflows: $417 million; $69.5 million day one.
  • AUM: $288.92 million; 0.20% fee (waived first three months).
  • Staking Yield: 7% APY; all SOL held staked.

Institutional Shift: Altcoins Gain Traction

The inflows underscore a broader shift toward altcoins, as investors diversify beyond Bitcoin and Ethereum. Bitwise CIO Matt Hougan emphasized: “Solana’s infrastructure is ready for prime time, and BSOL gives regulated access to its growth.” Recent launches of Litecoin and Hedera ETFs further highlight regulatory progress, with JPMorgan estimating $3-6 billion for Solana ETFs in 18 months. Despite SOL’s price at $196 (down 3.3%), ETF momentum counters volatility, with 67% institutional optimism per Coinbase reports.

2025 Solana Price Prediction: $200-$500 Consensus

Solana price prediction for 2025 is bullish, targeting $200-$500 by year-end. Changelly forecasts $192-$194; CoinDCX $250-$270. Finder eyes $482 on ETF adoption. Bull catalysts: ETF inflows and stablecoin growth ($16.25B ATH); bear risks: tariff volatility testing $180 support.

For investors, how to buy Solana via compliant platforms ensures secure entry. How to sell Solana and how to cash out Solana offer liquidity. Sell Solana for cash and convert Solana to cash enable fiat conversions.

Trading Strategy: ETF-Driven Longs

Short-term: Long above $196 targeting $215, stops at $185 (6% risk). Swing: Accumulate dips, staking for 8% APY. Watch ETF volume; below $185, exit.

In summary, Bitwise’s $417M Solana ETF inflows herald institutional adoption, positioning SOL for a $200-$500 2025 rally amid DeFi’s expansion.

SOL-9.52%
BTC-5.95%
ETH-11.11%
LTC-5.67%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)