Bitwise CEO Hunter Horsley said the firm’s Solana staking ETF, $BSOL, recorded more than $20 million in inflows this week, underscoring rising institutional demand for regulated yield-bearing crypto products. The fund trades on traditional exchanges and offers exposure to Solana while distributing staking rewards, with staking yield estimated around 7% annually. Although the SEC has not approved a spot Solana ETF, products like BSOL are viewed as compliant alternatives.
Meanwhile, US spot Bitcoin ETFs recorded their second-largest weekly inflows since October 2025, adding a net 14,700 BTC over the past week, according to CryptoQuant data. This lifted cumulative net inflows for August to about 21,958 BTC. Analysts cited improved regulatory clarity, broader acceptance among traditional investors, and Bitcoin’s recent price stabilization as factors behind the renewed appetite.
The developments highlight that institutional investors are moving beyond Bitcoin and Ethereum into assets such as Solana. Sustained inflows may signal long-term positioning, though figures from Bitwise are self-reported and not independently verified.