Bitwise Extends Solana ETF Buying Streak With $9.65M Inflows Despite Price Dip

1 hour ago 2 sources positive

Key takeaways:

  • Bitwise's seven-day SOL ETF buying streak signals institutional accumulation despite price weakness, indicating structural demand.
  • Watch SOL price recovery as $1.23B ETF inflows near $1.5B milestone, but profit-taking risk persists.
  • Institutional demand for regulated SOL exposure may outweigh short-term price dips, supporting medium-term bullish sentiment.

Asset manager Bitwise has extended its Solana ETF buying streak to seven consecutive trading days, attracting more than $9.65 million in fresh capital as of September 28, 2026, according to on-chain data from SosoValue.

The inflows arrived despite a modest short-term decline in Solana’s price, signaling that institutional investors remain bullish on the asset. With the latest purchase, the Bitwise Solana ETF has reached cumulative net inflows of about $1.23 billion, moving closer to a $1.5 billion milestone. At its current pace, the fund would need roughly $270 million in additional net inflows, which could take one to two months.

Investors contributed up to $12.70 million in net inflows during the new week, positioning Solana for a potential price recovery. The steady institutional accumulation highlights rising demand for regulated Solana exposure amid the broader crypto market recovery.

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