BSOL and GSOL lead $6.8M inflow day as Solana spot ETFs outperform BTC and ETH ETFs

On November 10, Solana spot ETFs saw net inflows of $6.78 million, extending their winning run. In contrast, Ethereum spot ETFs experienced no inflows, and U.S. Bitcoin spot ETFs saw only $1.15 million in inflows from Bitwise’s BiBIT.

According to SoSoValue, the current increase was caused by a major one-day net inflow into Solana ETFs. Grayscale’s GSOL contributed $854,480 to the total inflows, while Bitwise’s BSOL led with $5.92 million in total inflows.

Bitwise’s $BSOL draws massive inflows despite SOL drop

Hunter Horsley, CEO of Bitwise, stated that BSOL gained popularity in just eight days after its launch on October 28, 2025. Above all, funds of more than $545 million were injected, including $30 million in a single day.

Over the same period, the nine Ethereum ETFs have experienced net withdrawals of $579 million, while the 11 spot Bitcoin ETFs have lost over $2.1 billion in assets.

Horsley emphasized that the $BSOL fund is designed to provide investors with an excellent and affordable way to gain exposure to Solana. He added that all assets are 100% staked.

In a month where Solana price dropped 29%, capital continued to flow in. The price of SOL is currently $167.85, which is significantly lower than its recent highs. Despite this, funds continue to perceive an opportunity with over 3.2 million active wallets. Additionally, SOL had around 70 million transactions processed daily in October.

Senior Analyst Sumit Roy commented that the Solan ETFs’ inflows made sense given the token’s enormous $90 billion market value. He claimed that SOL has a committed fan base, possibly the most devoted after Ethereum and Bitcoin.

Roy argued that it wouldn’t be surprising to see Solana spot ETFs make up at least 5% of that market capitalization. He claimed that $500 million is still tiny in that regard. Roy said that BSOL was undoubtedly more appealing because it started with a 100% stake.

Grayscale fee cuts spark institutional interest in SOL

On November 6, Cryptopolitan reported that Grayscale has decided to drop management fees for its Solana Trust ETF in an effort to increase adoption.  The asset management firm is placing large bets on SOL in an effort to draw in new investors.

According to SoSoValue, the investment firm stated that it will stake all of its SOL holdings at an average of 7% gross staking reward. 

Grayscale stated that it will drop management fees on its Solana Trust ETF for up to three months, or until the fund has $1 billion in assets under management, whichever comes first. According to Grayscale, the change will allocate a larger portion of the financial gains to investors in an effort to attract additional funding.

Solana continues to garner major institutional interest as traditional financial organizations disclose exposure to Solana spot ETFs. 

According to a U.S. SEC filings report, Rothschild Investment LLC and PNC Financial Services have revealed stakes in Solana-linked ETFs, showing rising trust in the network. 

The US SEC filings reveal that Rothschild Investment LLC, which manages over $1.5 billion in assets, holds 6,000 shares of the Volatility Shares Solana ETF (SOLZ), valued at about $132,720. According to the report, PNC Financial Services also revealed similar stances, showing the growing participation of traditional banking firms in Solana ETFs.

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