Solana ETFs capture nearly $200 million in 4 days
The crypto world has just crossed a new milestone with the launch of Solana ETFs by Bitwise and Grayscale. In only four days, these financial products attracted nearly 200 million dollars, revealing a growing appetite for SOL. Analysis of a phenomenon that could redefine the market.
 
  In brief
- Solana ETFs attracted nearly 200 million dollars in just four days, a record for a crypto ETF launch.
 - Despite the massive inflow to Solana ETFs, the SOL price shows a 1.5% drop over 24 hours.
 - The analysis of SOL’s outlook raises questions: could Solana ETFs stimulate a future rise in SOL?
 
Successful launch of Solana ETFs: a historic first
On October 28, 2025, Bitwise made history by launching the first ETF providing direct exposure to Solana ! An event that immediately captivated the crypto community. Grayscale quickly followed with its own ETF, confirming the enthusiasm around this digital asset.
This dual launch illustrates a clear trend. Financial institutions are beginning to recognize the potential of SOL, long considered a serious alternative to Ethereum. For investors, these ETFs represent an opportunity to access Solana without directly holding crypto. A major step for institutional adoption.
Solana ETF: nearly $200 million inflow in 4 days
The data speaks for itself. The Bitwise Solana ETF (BSOL) recorded $69.5 million in inflows on its first day! Followed by $46.5 million, $36.5 million, and $44.6 million on the following days. In four days, BSOL accumulated $197 million.
The Grayscale Solana ETF (GSOL) attracted $2.2 million during the same period, with inflows of $1.4 million and $0.8 million on October 29 and 30. Together, these two ETFs reached $199.2 million, a record for products linked to SOL. These figures demonstrate immediate and massive investor confidence.
 
  The Solana ETFs BSOL and GSOL reached $199.2 million in 4 days 
  SOL: a mixed reaction despite the massive ETF inflow
Despite the enthusiasm around the Solana ETFs and the $199.2 million inflows recorded in just four days , SOL shows a slight decrease of 1.5% over the last 24 hours. At $185.73, Solana seems to react cautiously, despite the prevailing optimism around financial products linked to this crypto.
This situation raises questions: why doesn’t SOL immediately benefit from this massive inflow? Several factors may explain this trend:
- On one hand, crypto markets are often subject to high volatility, where expectations and profit-taking can influence prices in the short term;
 - On the other hand, institutional investors might adopt a gradual approach, waiting to see how these ETFs perform before investing massively.
 
It remains to be seen whether this drop is temporary or a sign of a more lasting crypto trend.
Solana ETFs have marked a turning point, attracting hundreds of millions of dollars in just a few days. Solana (SOL) could it become the next star of crypto? One thing is certain, the ecosystem has never been so dynamic.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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