Last week, the performance of SOL spot ETFs was quite impressive.

During the five trading days from December 1 to 5 (ET), SOL spot ETFs attracted a total net inflow of $20.3 million. Among them, Bitwise’s BSOL was a true magnet for capital, recording $65.11 million in net inflow in just one week, pushing its historical total inflow to $593 million.

The numbers show that institutional interest in SOL continues to heat up. This traditional financial instrument, the ETF, is becoming a new entry point for more capital to allocate to SOL. Market sentiment is quite positive; at the very least, the direction in which the money is moving is very clear.