Solana ETF soars 🚀

While Bitcoin and Ethereum funds shed billions in assets, Bitwise's new Solana ETF is seeing steady demand.

Author

Andrew Hayward
November 08, 2025

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đź“ť What you need to know

Bitcoin and Ethereum ETFs have been collectively been shedding billions of dollars’ worth of assets in recent weeks amid the crypto market slide, but Bitwise’s new Solana fund is bucking the trend with a hot streak since its launch.

The Bitwise Solana Staking ETF has seen only days of positive inflows since it began trading on October 28, amassing more than $500 million in total. While the flows are modest compared to the larger bunches of BTC and ETH funds, it’s an auspicious start ahead of more SOL funds expected to hit markets in the near future.

“It’s clear investors want Solana exposure,” said Bitwise’s Hunter Horsley on Friday.

Bitwise Solana ETF Sees Steady Demand as Bitcoin, Ethereum Funds Shed Assets

While Bitcoin and Ethereum funds shed assets, Bitwise's fledgling Solana ETF racked up more than $126 million in net inflows this week.

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“It wouldn’t be surprising to see Solana ETFs collectively account for 5% of [the crypto fund] market cap, at the very least. So in that context, $500M is still small.”

ETF.com Senior Analyst Sumit Roy on the prospects for Solana funds

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Crypto markets turned red, with major tokens falling sharply — Bitcoin dropped 3% to $99,800, Ethereum slipped 4% to $3,210, Binance Coin declined 1% to $933, and Solana fell 3% to $152.

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