U.S. spot Solana ETF recorded a net inflow of $60.91 million on August 27, marking its strongest single-day performance since 2026 and the third-highest single-day inflow since the product's launch. The cumulative net inflow for August has exceeded $174 million. With only two more trading days left in this month, it has become the month with the strongest performance so far this year.
Total assets rise to $1.49 billion
With continuous inflows of funds, the total net assets of 9 US spot Solana ETF have risen to $1.49 billion, a significant increase from $1.26 billion on the previous trading day, with a cumulative net inflow of approximately $1.32 billion.
Trading activity also increased accordingly. On August 27th, the total trading volume of the aforementioned fund reached 196.82 million US dollars, setting a new all-time high for a single day, more than doubling from the previous day's 96 million US dollars.
BSOL absorbs about two-thirds of the funds
Bitwise's subsidiary, Solana, pledged ETF —— BSOL attracted a net inflow of $40.2 million on that day, accounting for about 66% of the total inflow. The net asset value of this fund has risen to approximately $1.02 billion, and since its listing, it has accumulated a net inflow of about $1.01 billion, making it the first Solana ETF to exceed $1 billion in both of these indicators.
- GSOL Net inflow of $6.22 million
- FSOL Net inflow of $5.82 million
- MSOL and TSOL received inflows of $4.74 million and $3.93 million respectively.
Trading volume reaches a new high again
Bitwise Asset Management President Teddy Fusaro stated that the trading volume on BSOL exceeded 126 million US dollars, surpassing the previous high of 108 million US dollars set on August 25th. This is also the highest single-day trading record among all Solana ETF so far.
According to Bitwise, BSOL has accumulated a trading volume of approximately 500 million US dollars in the previous 7 trading days, indicating that the trading popularity of this product has continued to rise recently.
Bitwise Products Suck Money Like a Vacuum
The Chief Executive Officer stated that on August 27, the trading products of the company's US-based cryptocurrency exchange had a total net inflow of approximately $100 million. Among them, Solana related products led with about $40 million, followed by Bitcoin at $22 million, Hyperliquid at $20 million, XRP at $12 million, and Ethereum at $1.4 million.
On the same day, Bitcoin in the United States ETF continued to attract funds, with a single-day net inflow of $242.24 million, extending the consecutive net inflow days to 9 trading days. This indicates that while institutional funds are continuing to allocate to Bitcoin, they are also increasing their exposure to other crypto assets such as Solana.
