Bitwise Solana ETF Beats Bitcoin and Ethereum on Debut Week
The post Bitwise Solana ETF Beats Bitcoin and Ethereum com. Bitwise’s newly launched Staking Solana (BSOL) exchange-traded fund (ETF) made a powerful market debut in its first trading week. The fund drew unprecedented investor interest and surpassed all other crypto ETFs globally in weekly inflows. On November 1, Bloomberg ETF analyst Eric Balchunas reported that BSOL attracted roughly $417 million in its first week of trading. That performance placed the fund among the top 20 ETFs across all asset classes by net inflows. Sponsored Sponsored BSOL Draws Record Inflows but Solana Token Price Slips For context, BSOL’s inflows were nearly ten times larger than the NEOS Bitcoin High Income ETF (BTCI), which brought in $56. 17 million. Grayscale’s Ethereum fund followed closely, securing $56 million. What a week for SOL, besides the big volume, it led all crypto ETPs by a country mile in weekly flows with +$417m (BIT had a rare off week, it’ll be back). It also ranked it 16th in overall flows for the week. Big time debut. pic. twitter. com/HpKUTdq1J5 Eric Balchunas (@EricBalchunas) November 1, 2025 In contrast, BlackRock’s iShares Bitcoin Trust (IBIT) typically the market leader in weekly inflows faced a rare setback. The fund ended the week with approximately $254 million in outflows, according to data from SosoValue. The fund’s early success highlights how institutional investors are expanding their exposure beyond Bitcoin and Ethereum, seeking regulated access to Solana’s high-performance ecosystem. Analysts interpret this as a sign of pent-up demand after more than a year of market anticipation for an altcoin-focused ETF. However, the surge in fund inflows did not translate into immediate price gains for Solana. Sponsored Sponsored Data from BeInCrypto shows that SOL has fallen by more than 3% over the past week, currently trading at $186. 92. The muted reaction suggests that capital inflows into BSOL may have come from asset rotations.