At the end of October 2025, two spot Solana ETFs were launched in the American market by Bitwise and Grayscale Investments. From the very first days of trading, the new exchange-traded funds demonstrated high demand from investors, attracting over $342 million in ten days of continuous capital inflow. This data is confirmed by analysts at SoSoValue.
This is reported by Finway
Fundraising Dynamics and Fund Structure
The active inflow of investments into the Solana ETF sector has continued for ten consecutive days, despite a gradual decrease in pace after the initial trading days. As of November 10, 2025, the total assets under management of the two funds reached $598.36 million. This accounts for 0.64% of the total circulating supply of the Solana cryptocurrency (SOL).
Among the new financial products, the leader was the BSOL fund from Bitwise, which accumulated $497.11 million in investments. Despite the gradual slowdown in inflow, experts view the launch of Solana ETFs positively.
“The influx of funds into American spot ETFs based on Solana has significantly exceeded previous expectations, which predicted less institutional adoption due to anticipated regulatory and technical risks of this ecosystem,” said Nick Rak, director of LVRG Research, in a comment to The Block.
Investor Assessment and Impact on Solana’s Price
Experts note that institutional investors view Solana ETFs as an attractive addition to the already existing spot cryptocurrency funds, expecting increased returns in the event of further growth in the altcoin market. According to Nick Rak, stable demand from major players supports Solana’s pricing, creating constant pressure on sellers and ensuring capital inflow into the ecosystem.
The positive dynamics of the launch of new ETFs have also reflected in SOL’s quotes. At the same time, the asset has not been able to secure above the $200 mark: since the launch of the spot funds, the coin’s price has decreased by 16%.
