Bitwise Solana ETF reaches $1 billion in net inflows

Bitwise’s Solana ETF (BSOL) has recorded net inflows exceeding $1.02 billion, making it the largest Solana ETF by size according to data from Arkham.

Despite these significant inflows, the price of SOL has not seen a comparable increase, a trend that has contributed to continued caution among investors. In response to market volatility and broader economic factors, some SOL holders are reportedly exploring alternative strategies, such as cloud mining contracts on the EX DeFi platform, which claims to offer daily settlements and high potential returns.