BSOL Cumulative Net Inflow Reaches $1.033 Billion, $10.74 Million as Net Inflow

The cumulative net inflow of Bitwise's Solana staking ETF, BSOL, has reached $1.033 billion. Over the last 20 trading days, the net inflow was recorded at $10.74 million; however, this amount is difficult to interpret as Bitwise's direct purchase of Solana. According to Bitwise's official BSOL page, as of September 8, the trust holds 9,561,018.03 SOL, with a market value of $984,687,335.21. BSOL is a product that directly holds and stakes Solana, and while the funds that flowed into the ETF and the trust's holdings indicate asset size, they differ from Bitwise's actual purchase amount. The BSOL 10-Q document submitted to the SEC recorded the Solana holdings as of June 30 at 8,047,218.8817 SOL, with a fair value of $59,243,600. As of September 9, BSOL had a net inflow of $11,170,57, while the total net inflow for all U.S. Solana spot ETFs on the same day was $11,730,39. On a weekly basis, the inflow size significantly decreased, with the week ending August 28 seeing $15,387 million, but it dropped to $6.18 million for the week ending September 4. The net inflow is the amount remaining after subtracting the funds that flowed out due to redemptions from the money that came into the ETF, and it does not explain the timing of individual transactions or the purchasing entities.

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