Solana spot exchange-traded funds (ETFs) posted their highest weekly inflows since launch.
U.Today, a blockchain media outlet, reported on Sept. 27 that Solana spot ETFs drew a total of $188.21 million in new money from Sept. 21 to 25.
The inflows came as Solana prices kept moving strongly amid a broader rise across the cryptocurrency market. Solana has shown a strong price trend over the past few days, and interest from institutional investors appears to be returning.
Late-week inflows lifted the weekly record. Net inflows on Sept. 25 alone reached $86.67 million, pushing the weekly cumulative total to a new high.
Money concentrated in specific products. Bitwise's Solana staking ETF, BSOL, attracted $128.46 million over five days, about 68 percent of the total weekly inflow. Bitwise has consistently secured the largest daily inflows in the Solana ETF market since launch and appeared to maintain its lead during the week. Grayscale also drew $28.06 million over the same period, but the concentration of flows was more pronounced toward Bitwise.
All seven ETFs recorded net inflows for the week, which also stood out. It is seen as a signal that buying spread across the broader Solana spot ETF market rather than being limited to a rebound in a single product.
Market moves also aligned with ETF inflows. Solana has shown a strong upward move in recent days as price swings widened, and ETF trading results also rebounded. The key to the record is that institutional money has started flowing back in.
The record shows that institutional demand for Solana is not limited to a short-term rebound and is extending into the ETF market. With all ETFs posting positive inflows and Bitwise further strengthening its market dominance, attention remains on whether future inflows will continue to center on a specific asset manager.