US SOL spot ETFs see single-day net inflow of $5.438 million

Source: PANews2026/09/30 10:48
Analysis
The headline net inflow of $5.438 million into US SOL spot ETFs masks a split within the small issuer set: Bitwise's BSOL attracted $5.7467 million while VanEck's VSOL bled $1.6031 million, meaning the aggregate figure is essentially one product's flow offset by another's redemption. That concentration matters because BSOL's cumulative $1.234 billion dwarfs VSOL's $24.33 million, so the category's reported totals are increasingly a proxy for a single fund rather than broad-based demand. With total net assets at $1.938 billion and a SOL net asset ratio of 2.77%, the ETFs still represent a modest slice of Solana's market, leaving room for either expansion or stagnation depending on whether the outflows at smaller issuers persist. Watch whether VSOL's redemptions continue or reverse, whether additional issuers gain traction, and whether the 2.77% ratio climbs in subsequent SoSoValue updates.

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PANews reported on September 30 that, according to SoSoValue data, SOL spot ETFs recorded a total single-day net inflow of $5.438 million yesterday (September 29, US Eastern Time).

Among them, the Bitwise Solana Staking ETF (BSOL) saw a single-day net inflow of $5.7467 million, bringing its cumulative historical net inflow to $1.234 billion.

The VanEck Solana ETF (VSOL) saw a single-day net outflow of $1.6031 million, bringing its cumulative historical net inflow to $24.3328 million.

As of press time, the total net asset value of SOL spot ETFs stood at $1.938 billion, with a SOL net asset ratio of 2.77%, and cumulative historical net inflows had reached $1.623 billion.

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