Solana is facing a wave of bullish attention from both institutional and leveraged traders, according to data covering the week of September 21–25, 2026. U.S. spot Solana ETFs pulled in $188.21 million in fresh capital, marking the strongest weekly inflow since the funds launched late last year.
Friday alone contributed $86.67 million in net inflows, while all seven Solana ETFs recorded positive inflows during the period. Bitwise maintained its leadership position: the Bitwise Solana Staking ETF (BSOL) attracted about $128.46 million, roughly 68% of the weekly total. Grayscale followed with an estimated $28.06 million in inflows.
Separately, on-chain commentator @lookonchain highlighted that a trader identified as 0x9c6a opened a $67.88 million long position on Solana using 20x leverage. The position consists of 550,087 SOL and was already showing an unrealized profit of more than $23 million. If Solana reaches $200, the trade could produce an unrealized gain above $65 million.
The combination of record ETF demand and a heavily leveraged bullish position signals growing confidence in Solana’s price potential, even as broader crypto markets continue to show mixed signals.
