Solana spot ETF saw a net inflow of $13.6 million yesterday, signaling a continued increase in institutional allocation

U.S. Solana spot ETF saw a net inflow of $13.6 million yesterday, which is a concrete reflection of institutional continued optimism for SOL. Among the three major mainstream ETFs, Bitwise BSOL performed the strongest, with a single-day net inflow of $7.8 million. During the same period, top global investment banks such as Morgan Stanley have applied to launch Solana ETF products, and the booming development of the Solana on-chain ecosystem is providing solid support for this wave of institutional allocation.

Differentiated Characteristics in the Distribution of ETF Inflows

According to farside investors data, the inflow distribution of the U.S. Solana spot ETF yesterday was as follows:

• Bitwise BSOL: net inflow of $7.8 million (57%)
• Grayscale GSOL: net inflow of $4.6 million (34%)
• Fidelity FSOL: net inflow of $1.2 million (9%)

The leading position of Bitwise BSOL reflects its dominant advantage in the Solana spot ETF market. As the earliest asset management company to launch this product, Bitwise BSOL has become the preferred tool for institutional investors to allocate SOL. The steady inflows from Grayscale and Fidelity indicate that the entire Solana spot ETF track is attracting more and more institutional participation.

Increasing Recognition Signals from Institutions

Behind this wave of ETF inflows is the warming recognition of Solana by top global financial institutions. According to the latest news, Morgan Stanley has submitted an application to the U.S. Securities and Exchange Commission to launch spot ETFs for Bitcoin and Solana. This is quite rare in Morgan Stanley’s history—currently managing 20 ETFs, only a few are operated under the “Morgan Stanley” brand, and this Solana ETF will become the 3rd or 4th.

This “branding” operational decision fully demonstrates Morgan Stanley’s long-term valuation of Solana. When one of the world’s largest investment banks is configuring Solana exposure for institutional clients, it provides a strong endorsement for the entire ecosystem.

Solid Support from Solana Ecosystem Data

The continuous allocation by institutions is not without foundation. Actual development data from the Solana chain provides fundamental support for this wave of capital inflows:

Tokenized assets lead across the entire chain

In the RWA (Real World Assets) boom, Solana has surpassed Ethereum in on-chain equity asset management scale, accounting for over 95% of tokenized stock trading volume. Trading volumes on platforms like Remora Markets have exceeded $50 million, hitting a record high.

Trading volume hits record high

In 2025, Solana’s perpetual DEX trading volume reached $451.2 billion, surpassing the total of all previous years’ perpetual trading volume since the network’s launch. This indicates that on-chain activity and user engagement are continuously increasing.

Stablecoin supply grows rapidly

In the past 24 hours, the stablecoin supply on the Solana chain increased by over $900 million. As the “blood” of on-chain transactions, the growth of stablecoins directly reflects transaction demand and capital inflow within the ecosystem.

Short-term Highlights

SOL is currently priced at $138.94, with recent strong performance. From a time perspective, SOL has risen 10.03% over the past 7 days, indicating that market sentiment is heating up. With more institutional ETF products being launched and approved, more traditional financial capital is expected to flow into the Solana ecosystem.

Summary

The continued inflow into Solana spot ETFs reflects two core facts: first, top global financial institutions are accelerating their deployment of Solana assets; second, the actual development of the Solana on-chain ecosystem is already sufficient to support this wave of recognition from institutions. Data shows that Bitwise BSOL’s leading position, Morgan Stanley’s entry, and the record-high RWA and trading volumes on-chain all point in the same direction—Solana is gradually evolving from market participants’ “bets” into institutional “allocations.” This shift from speculation to allocation often signifies more stable and sustainable capital support.