Bitwise ETF clients purchase $10M in Solana tokens
Summary
Bitwise ETF clients have made a substantial investment in Solana, purchasing $9.65 million worth of the cryptocurrency. This transaction is part of a broader trend of notable net inflows into U.S. spot Solana exchange-traded funds, with multiple issuers, including Bitwise, seeing positive activity across their products in recent weeks. The interest in Solana comes amid ongoing developments, with Solana developers currently testing the Alpenglow upgrade aimed at significantly reducing transaction finality times on the network.
Tokens
$SOL
Analysis
Solana: Solana is a blockchain platform designed for high-throughput transactions and decentralized applications. It is currently advancing network upgrades, including the Alpenglow consensus improvements aimed at faster finality. The network has attracted attention through traditional finance vehicles such as spot ETFs managed by firms like Bitwise. Bitwise: Bitwise Asset Management is a crypto-focused investment firm specializing in digital asset products, including exchange-traded funds and staking strategies. It offers spot Solana products through which clients gain exposure to the SOL token. The firm has been actively expanding its ETF lineup amid growing institutional interest in Solana-related investments. ETF Flows: U.S. spot Solana exchange-traded funds have experienced notable net inflows, with multiple issuers including Bitwise recording positive activity across all products in recent weeks. Network Development: Solana developers are testing the Alpenglow upgrade to significantly reduce transaction finality times on the network.
Categories
cryptoon_chain_whaletech
Related sources
- https://public.com/stocks/bsol/news
- https://coinfomania.com/pt/sol/noticias/
- https://www.alchemii.io/blog/why-is-solana-going-up
- https://www.coinbird.com/cryptocurrencies/solana/news
- https://www.prnewswire.com/news-releases/vise-partners-with-bitwise-to-introduce-crypto-model-portfolios-for-advisors-302888480.html
- https://public.com/crypto/sol/news
- https://bitcoinfoundation.org/news/crypto-etf/solana-etfs-pull-in-188-million-as-bitwise-captures-68-of-weekly-inflows/
- https://www.altcoinbuzz.io/solana-etfs-post-their-biggest-week-since-launch
- https://www.sec.gov/Archives/edgar/data/1723788/000119312526340152/0001193125-26-340152.txt
- https://pluang.com/en/news-feed/solana-etf-catatan-inflow-tertinggi-bitwise-kuasai-dua-pertiga
- https://bitwiseinvestments.com/crypto-market-insights/the-first-ever-bitwise-institutional-crypto-adoption-report
- https://app.rwa.xyz/asset-managers/bitwise
- https://www.galaxy.com/insights/research/solana-q2-2026-report-tokenized-economy-dex-rwa-stablecoins
- https://bitwiseinvestments.com/about
- https://www.coindesk.com/markets/2026/09/28/solana-etfs-draw-record-usd188-million-in-a-week-as-bitwise-takes-two-thirds-of-inflows