**BSOL Maintains Strong Inflows Despite Canary XRP ETF’s First-Day Surge**
Although BSOL, the Solana ETF issued by Bitwise, was recently surpassed by the newly launched Canary XRP ETF in terms of highest first-day trading volume, BSOL continues to demonstrate strong performance in the market.
**Solana ETF Draws Wall Street Attention**
Despite experiencing price volatility, Solana has captured the attention of Wall Street investors. As its first spot ETF, BSOL has consistently recorded strong daily inflows since its debut, according to data from Farside Investors.
**BSOL Registers $357.8 Million in Combined Inflows**
Remarkably, the Bitwise Solana ETF (BSOL) has logged two weeks of uninterrupted inflows. For the first 14 days following its launch, BSOL has maintained steady daily inflows. From October 28 to November 14, 2025, the fund attracted an impressive $357.8 million in combined inflows, without experiencing a single day of outflow.
**Grayscale’s GSOL Lags Behind**
In contrast, Grayscale’s Solana ETF (GSOL), which launched just one day after BSOL, has exhibited relatively slower performance. Since October 29, GSOL has accrued $24.4 million in total inflows. Unlike BSOL, GSOL has experienced a mix of minor inflows and periods of stagnation, lacking the consistent demand seen by its competitor.
**Strong Institutional Support for BSOL**
The persistent positive netflows for BSOL are unsurprising, considering the fund had significant momentum even before trading began. With backing from major institutions, Bitwise seeded BSOL with $222.9 million in initial capital, while Grayscale started with $102.7 million. Together, the two funds launched with a combined $325.6 million.
**Key Advantages Driving BSOL Demand**
BSOL’s ongoing demand is largely attributed to its competitive 0.20% management fee and built-in staking feature. These elements provide investors with traditional exposure to Solana while offering yield benefits typically only accessible through on-chain investments.
**Conclusion**
With robust institutional backing, investor-friendly features, and strong trading activity, BSOL has solidified its position as a leading Solana ETF, despite fierce competition from new entrants like the Canary XRP ETF.
https://bitcoinethereumnews.com/tech/no-outflow-yet-bitwise-solana-etf-hits-2-weeks-of-steady-inflows/
