November 11, 2025 — Solana’s spot ETFs have continued to attract strong institutional inflows, pulling in a combined $342.6 million since launching on October 28, even as the SOL token price dropped 4.04% in the past 24 hours to $160.03.
The latest data from CoinGlass and Farside Investors show that institutional demand remains steady despite short-term price weakness—suggesting long-term confidence in Solana’s fundamentals.
| Metric | Value |
|---|---|
| Total Net Inflows (Oct 28–Nov 11) | $342.6M |
| Bitwise BSOL | $329.7M |
| Grayscale GSOL | $12.9M |
| SOL Price (Nov 11) | $160.03 (-4.04%) |
| Market Cap | $88.64B |
| Volume (24h) | $5.93B (+6.32%) |
| Date | BSOL (Bitwise) | GSOL (Grayscale) | Total |
|---|---|---|---|
| Nov 10 | +$5.9M | +$0.9M | +$6.8M |
| Nov 7 | +$11.7M | +$1.0M | +$12.7M |
| Nov 6 | +$29.2M | $0 | +$29.2M |
| Nov 5 | +$7.5M | +$2.2M | +$9.7M |
| Nov 4 | +$13.2M | +$1.7M | +$14.9M |
| Nov 3 | +$65.2M | +$4.9M | +$70.1M |
| Oct 30–31 | +$81M | +$0.8M | +$81.8M |
| Oct 28–29 | +$116M | +$1.4M | +$117.4M |
BSOL Leads Institutional Adoption
Bitwise’s Staking Solana ETF (BSOL) continues to dominate the Solana ETF market, accounting for over 96% of total inflows. The ETF has posted positive net inflows every trading day since launch—an achievement unmatched by Bitcoin or Ethereum ETFs during the same period.
In contrast, Bitcoin ETFs saw over $12.57 million in outflows, and Ethereum ETFs didnt witness any outflows recently.
Market Outlook
Despite the 29% decline from its early-November high near $225, analysts interpret the inflow resilience as a sign of accumulation by professional investors.
With daily volumes rising (+6.32%) and market capitalization still near $88.6 billion, at the time of writing, Solana remains the third most actively traded blockchain asset after Bitcoin and Ethereum.
Why Institutions Are Buying the Dip
The staking yield component is Solana ETFs’ biggest differentiator. Unlike Bitcoin or Ethereum funds, these ETFs stake SOL tokens to generate network rewards—typically 5–6% annualized yield after expenses.
- GSOL: 74.89% of holdings staked
- Expense Ratio: 0.35%
- Staking Rewards to Investors: ~77% of earned yield
This mechanism mitigates volatility and provides passive income, making Solana ETFs more attractive to long-term institutional investors.
