Daily Net Inflow Highlights
According to SoSoValue data, US SOL spot ETFs continued their positive flow trend on June 29 (Eastern Time), recording a total daily net inflow of $5.52 million. Among them, the Bitwise Solana Staking ETF (BSOL) stood out sharply, attracting $4.63 million — accounting for over 83% of the total inflow. BSOL’s cumulative historical net inflow has now reached $894 million, making it the dominant capital magnet within the SOL ETF segment.
Major Fund Performance Divergence
In addition to BSOL, the Fidelity Solana Fund ETF (FSOL) also saw a net inflow of $0.89 million on the day, bringing its cumulative historical net inflow to $194 million. Together, these two funds accounted for over 99% of the day’s total inflow, reflecting institutional investors’ concentrated preference for top issuers. As of press time, the total net asset value of all SOL spot ETFs stood at $876 million, with a SOL net asset ratio of 2.00%, and cumulative historical net inflows reaching $1.135 billion.
Market Context and Implications
Although the daily net inflow of $5.52 million is modest, it comes amid relatively low overall crypto market volatility and a sideways price range for SOL. The persistent net inflows suggest that institutional capital continues to gradually build positions. BSOL’s staking feature (yield from staking SOL) makes it particularly attractive compared to plain-vanilla products, complementing FSOL’s differentiated structure. Going forward, market participants will watch whether SOL ETFs can sustain their inflow trajectory, as well as the impact of SEC rulemaking on SOL ETF approvals and broader sentiment.