Bitwise’s BSOL ETF dominates market with record-breaking Solana inflows. Grayscale’s GSOL fund trails behind amid investor shift to BSOL. Bitcoin and Ethereum ETFs sustain strong momentum with surging October volumes. Bitwise’s new Solana staking ETF, BSOL, has made a strong entry into the market, attracting significant investor attention within days of its debut on the New York Stock Exchange. The fund quickly gathered momentum, securing nearly $70 million in inflows on its first day and an additional $130 million over the next two sessions. According to SoSoValue data, BSOL’s total net inflows now stand at $197 million, while its combined capital, including $222.9 million in seed funding, has reached close to $420 million. Bloomberg Senior ETF Analyst Eric Balchunas highlighted the fund’s impressive performance, stating on X that BSOL led all crypto exchange-traded products by a wide margin with $417 million in weekly flows. He noted that it also ranked 16th among all ETFs across sectors, marking an exceptional debut for the Solana-based product. What a week for $BSOL, besides the big volume, it led all crypto ETPs by a country mile in weekly flows with +$417m ($IBIT had a rare off week, it'll be back). It also ranked it 16th in overall flows for the week. Big time debut. pic.twitter.com/HpKUTdq1J5 — Eric Balchunas (@EricBalchunas) November 1, 2025 Also Read: Virtuals Protocol (VIRTUAL) Price Prediction for November 3: Bulls Eye Breakout Toward $2.10 Grayscale’s GSOL Lags Behind Despite Strong Launch Capital While Bitwise’s BSOL captured investor enthusiasm, Grayscale’s GSOL fund had a more modest start. Launched a day later, GSOL has seen about $2.2 million in net inflows to date, according to SoSoValue data. However, after accounting for its initial launch capital, the fund now manages over $100 million worth of Solana. GSOL carries a slightly higher management fee of 0.35% compared to BSOL’s 0.24%. Balchunas commented that launching a day later made it “much harder” for Grayscale’s product to capture the same investor momentum as Bitwise’s fund. Despite the slower start, GSOL offers investors the added benefit of staking rewards, with Grayscale confirming it intends to distribute 77% of all staking earnings to holders. Both funds share a similar strategy of staking their Solana holdings to generate additional returns. They differ slightly from REX-Osprey’s SSK fund, which also focuses on Solana staking but operates under the Investment Company Act of 1940 rather than the 1933 structure used by BSOL and GSOL. SSK currently manages about $400 million in assets, according to VettaFi data. Broader Crypto ETF Market Sees Continued Growth Beyond Solana, spot Bitcoin and Ethereum ETFs recorded steady gains in October. SoSoValue data shows Bitcoin funds drew $3.61 billion in inflows, an increase from $3.53 billion in September. Trading volume rose sharply to $133.45 billion, up 83% month over month. Meanwhile, Ethereum funds maintained strong investor interest with $668.13 million in inflows and a total trading volume of $55.25 billion. The combined funds now hold approximately $25 billion worth of ether, representing over 5% of the cryptocurrency’s circulating supply. Overall, the strong start for Solana-based ETFs signals growing investor confidence in staking-focused products and highlights the expanding appeal of diversified crypto investment vehicles. Also Read: ECC Unveils Q4 2025 Roadmap as Zcash’s Shielded Supply and Price Surge The post Bitwise’s BSOL ETF Records Explosive First-Week Growth as Solana Staking Funds Surge appeared first on 36Crypto. Bitwise’s BSOL ETF dominates market with record-breaking Solana inflows. Grayscale’s GSOL fund trails behind amid investor shift to BSOL. Bitcoin and Ethereum ETFs sustain strong momentum with surging October volumes. Bitwise’s new Solana staking ETF, BSOL, has made a strong entry into the market, attracting significant investor attention within days of its debut on the New York Stock Exchange. The fund quickly gathered momentum, securing nearly $70 million in inflows on its first day and an additional $130 million over the next two sessions. According to SoSoValue data, BSOL’s total net inflows now stand at $197 million, while its combined capital, including $222.9 million in seed funding, has reached close to $420 million. Bloomberg Senior ETF Analyst Eric Balchunas highlighted the fund’s impressive performance, stating on X that BSOL led all crypto exchange-traded products by a wide margin with $417 million in weekly flows. He noted that it also ranked 16th among all ETFs across sectors, marking an exceptional debut for the Solana-based product. What a week for $BSOL, besides the big volume, it led all crypto ETPs by a country mile in weekly flows with +$417m ($IBIT had a rare off week, it'll be back). It also ranked it 16th in overall flows for the week. Big time debut. pic.twitter.com/HpKUTdq1J5 — Eric Balchunas (@EricBalchunas) November 1, 2025 Also Read: Virtuals Protocol (VIRTUAL) Price Prediction for November 3: Bulls Eye Breakout Toward $2.10 Grayscale’s GSOL Lags Behind Despite Strong Launch Capital While Bitwise’s BSOL captured investor enthusiasm, Grayscale’s GSOL fund had a more modest start. Launched a day later, GSOL has seen about $2.2 million in net inflows to date, according to SoSoValue data. However, after accounting for its initial launch capital, the fund now manages over $100 million worth of Solana. GSOL carries a slightly higher management fee of 0.35% compared to BSOL’s 0.24%. Balchunas commented that launching a day later made it “much harder” for Grayscale’s product to capture the same investor momentum as Bitwise’s fund. Despite the slower start, GSOL offers investors the added benefit of staking rewards, with Grayscale confirming it intends to distribute 77% of all staking earnings to holders. Both funds share a similar strategy of staking their Solana holdings to generate additional returns. They differ slightly from REX-Osprey’s SSK fund, which also focuses on Solana staking but operates under the Investment Company Act of 1940 rather than the 1933 structure used by BSOL and GSOL. SSK currently manages about $400 million in assets, according to VettaFi data. Broader Crypto ETF Market Sees Continued Growth Beyond Solana, spot Bitcoin and Ethereum ETFs recorded steady gains in October. SoSoValue data shows Bitcoin funds drew $3.61 billion in inflows, an increase from $3.53 billion in September. Trading volume rose sharply to $133.45 billion, up 83% month over month. Meanwhile, Ethereum funds maintained strong investor interest with $668.13 million in inflows and a total trading volume of $55.25 billion. The combined funds now hold approximately $25 billion worth of ether, representing over 5% of the cryptocurrency’s circulating supply. Overall, the strong start for Solana-based ETFs signals growing investor confidence in staking-focused products and highlights the expanding appeal of diversified crypto investment vehicles. Also Read: ECC Unveils Q4 2025 Roadmap as Zcash’s Shielded Supply and Price Surge The post Bitwise’s BSOL ETF Records Explosive First-Week Growth as Solana Staking Funds Surge appeared first on 36Crypto.

Bitwise’s BSOL ETF Records Explosive First-Week Growth as Solana Staking Funds Surge

2025/11/02 18:05
  • Bitwise’s BSOL ETF dominates market with record-breaking Solana inflows.
  • Grayscale’s GSOL fund trails behind amid investor shift to BSOL.
  • Bitcoin and Ethereum ETFs sustain strong momentum with surging October volumes.

Bitwise’s new Solana staking ETF, BSOL, has made a strong entry into the market, attracting significant investor attention within days of its debut on the New York Stock Exchange. The fund quickly gathered momentum, securing nearly $70 million in inflows on its first day and an additional $130 million over the next two sessions. According to SoSoValue data, BSOL’s total net inflows now stand at $197 million, while its combined capital, including $222.9 million in seed funding, has reached close to $420 million.


Bloomberg Senior ETF Analyst Eric Balchunas highlighted the fund’s impressive performance, stating on X that BSOL led all crypto exchange-traded products by a wide margin with $417 million in weekly flows. He noted that it also ranked 16th among all ETFs across sectors, marking an exceptional debut for the Solana-based product.


Also Read: Virtuals Protocol (VIRTUAL) Price Prediction for November 3: Bulls Eye Breakout Toward $2.10


Grayscale’s GSOL Lags Behind Despite Strong Launch Capital

While Bitwise’s BSOL captured investor enthusiasm, Grayscale’s GSOL fund had a more modest start. Launched a day later, GSOL has seen about $2.2 million in net inflows to date, according to SoSoValue data. However, after accounting for its initial launch capital, the fund now manages over $100 million worth of Solana. GSOL carries a slightly higher management fee of 0.35% compared to BSOL’s 0.24%.


Balchunas commented that launching a day later made it “much harder” for Grayscale’s product to capture the same investor momentum as Bitwise’s fund. Despite the slower start, GSOL offers investors the added benefit of staking rewards, with Grayscale confirming it intends to distribute 77% of all staking earnings to holders.


Both funds share a similar strategy of staking their Solana holdings to generate additional returns. They differ slightly from REX-Osprey’s SSK fund, which also focuses on Solana staking but operates under the Investment Company Act of 1940 rather than the 1933 structure used by BSOL and GSOL. SSK currently manages about $400 million in assets, according to VettaFi data.


Broader Crypto ETF Market Sees Continued Growth

Beyond Solana, spot Bitcoin and Ethereum ETFs recorded steady gains in October. SoSoValue data shows Bitcoin funds drew $3.61 billion in inflows, an increase from $3.53 billion in September. Trading volume rose sharply to $133.45 billion, up 83% month over month.


Meanwhile, Ethereum funds maintained strong investor interest with $668.13 million in inflows and a total trading volume of $55.25 billion. The combined funds now hold approximately $25 billion worth of ether, representing over 5% of the cryptocurrency’s circulating supply.


Overall, the strong start for Solana-based ETFs signals growing investor confidence in staking-focused products and highlights the expanding appeal of diversified crypto investment vehicles.


Also Read: ECC Unveils Q4 2025 Roadmap as Zcash’s Shielded Supply and Price Surge


The post Bitwise’s BSOL ETF Records Explosive First-Week Growth as Solana Staking Funds Surge appeared first on 36Crypto.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
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BitcoinEthereumNews2025/09/19 02:31