On November 10th, the Solana Spot ETF recorded net inflows of $6.78 million, extending its winning streak. In contrast, the Ethereum Spot ETF had no inflows, and the US Bitcoin Spot ETF saw just $1.15 million in inflows from Bitwise’s BiBIT.
According to SoSoValue, the rally was driven by significant one-day net inflows into the Solana ETF. Grayscale’s GSOL accounted for $854,480 in total inflows, while Bitwise’s BSOL topped the list with $5.92 million in total inflows.
Bitwise’s $BSOL attracts massive inflows despite SOL decline
Bitwise CEO Hunter Horsley said of BSOL: got it It gained popularity in just 8 days after its release on October 28, 2025. Notably, more than $545 million was injected, including $30 million in one day.
During the same period, nine Ethereum ETFs experienced net withdrawals of $579 million, and 11 spot Bitcoin ETFs lost more than $2.1 billion in assets.
“With daily inflows since day 8 of launch, totaling over $500 million, it is clear that investors want exposure to Solana.”
–hunter horsleyCEO of Bitwise.
Horsley emphasized that the $BSOL fund is designed to provide investors with a great and affordable way to gain exposure to Solana. He added that all assets are 100% invested.
Money continued to flow in during the month when Solana’s price fell 29%. SOL’s price is currently $167.85, well below its recent highs. Nevertheless, the fund continues to recognize opportunities with over 3.2 million active wallets. Additionally, SOL processed approximately 70 million transactions daily in Octoberr.
Senior Analyst Sumit Roy commented that inflows into the Solan ETF make sense given its massive market value of $90 billion. He claimed that SOL has a passionate fan base, perhaps the most passionate after Ethereum and Bitcoin.
Roy argued that it would not be surprising if Solana’s spot ETF accounted for at least 5% of its market capitalization. He argued that $500 million is still insignificant in that regard. Roy said BSOL was definitely more attractive because it started with 100% equity.
Lower Grayscale fees increase institutional investor interest in SOL
November 6th, Cryptopolitan reported Grayscale has decided to lower management fees for the Solana Trust ETF in order to increase adoption. The asset manager is betting big on SOL to attract new investors.
According to SoSoValue, the investment firm said it will stake all of its SOL holdings at an average total staking reward of 7%.
“We have been staking on GSOL since October 6th. GSOL aims to deliver real long-term returns to investors, as highlighted by our diversified validator approach, which is a key aspect of the staking program deployed at GSOL.”
–Inko KangSenior Vice President of ETFs at Grayscale.
Grayscale announced that it is reducing the management fee for the Solana Trust ETF for up to three months or until the fund reaches $1 billion in assets, whichever comes first. Grayscale said the changes will result in a larger portion of economic profits being allocated to investors in order to attract additional capital.
Solana continues to attract significant institutional investor interest as traditional financial institutions disclose their exposure to the Solana Spot ETF.
Rothschild Investments LLC and PNC Financial Services have revealed their stakes in Solana-linked ETFs, showing growing confidence in the network, according to a US SEC filing.
Rothschild Investments LLC, which manages more than $1.5 billion in assets, according to a filing with the US SEC. hold 6,000 Volatility Shares Solana ETF (SOLZ) shares, valued at approximately $132,720. PNC Financial Services has made a similar stance, according to the report, indicating increased participation by traditional banking companies in the Solana ETF.
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