Finance

Solana ETFs Soar: How BSOL and GSOL Attract $154M in a Week and Offer Staking Rewards

Solana ETFs, like BSOL and GSOL, saw strong debuts, attracting $154.73M in inflows, driven by staking rewards.

byAndres Castro

October 31, 2025, 10:09 AM

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Executive Summary

Newly launched Solana ETFs, including Bitwise’s BSOL and Grayscale’s GSOL, have demonstrated a robust start, attracting $154.73 million in cumulative inflows and reaching $439.97 million in total assets under management.

These Solana ETFs are attracting significant institutional interest as a means for investors to diversify crypto portfolios, with projections for them to evolve into multi-billion-dollar products.

A key advantage of Solana ETFs is their ability to offer staking yields, with Grayscale’s GSOL distributing approximately 77% of the average 5.73% annual staking rewards to holders, enhancing long-term investor appeal.

The Story So Far

The robust start of newly launched Solana exchange-traded funds (ETFs) reflects a broader trend of growing institutional interest in digital assets, as investors increasingly seek diversified crypto portfolios to mitigate risk, and these Solana-based products offer a unique advantage through staking yields that provide an attractive income stream.

Why This Matters

The robust debut and substantial inflows into newly launched Solana ETFs, such as Bitwise’s BSOL and Grayscale’s GSOL, signal a growing institutional appetite for diversified crypto investment vehicles beyond Bitcoin. These regulated products offer mainstream investors an accessible entry point into the digital asset market, potentially legitimizing Solana as a significant asset class. Furthermore, the unique ability of Solana ETFs to offer staking yields provides an attractive income stream, enhancing long-term investor appeal and positioning them for continued growth and substantial future inflows.

Who Thinks What?

Newly launched Solana ETFs, including Bitwise’s BSOL and Grayscale’s GSOL, have demonstrated a robust start, attracting substantial investor interest and signaling growing institutional appetite for Solana-based investment vehicles.

Grayscale executive Zach Pandl projects that Solana ETFs could evolve into multi-billion-dollar products as institutional investors increasingly diversify their crypto portfolios.

Analysts anticipate that continued network adoption and staking yields will drive sustained interest in Solana ETFs, with projections suggesting future inflows could reach up to $5 billion.

Newly launched Solana exchange-traded funds (ETFs), including Bitwise’s BSOL and Grayscale’s GSOL, have demonstrated a robust start in the market this week, attracting substantial investor interest. As of October 30, these products have collectively drawn $154.73 million in cumulative inflows, signaling growing institutional appetite for Solana-based investment vehicles.

Market Participation and Inflows

The strong debut saw total assets under management for Solana ETFs reach $439.97 million. Bitwise’s BSOL led the charge with $36.55 million in daily inflows and $343.78 million in net assets, while Grayscale’s GSOL recorded $780,500 in daily inflows and $96.19 million in assets. Despite slight daily price dips for both funds, Grayscale executive Zach Pandl projects that Solana ETFs could evolve into multi-billion-dollar products as institutional investors increasingly diversify their crypto portfolios.

Institutional Demand and Diversification

The introduction of Solana ETFs aligns with a broader trend of growing institutional interest in digital assets, offering mainstream investors an effective entry point into the crypto market through regulated platforms. US-based ETFs collectively manage over $10 trillion in assets, highlighting their significance. This expansion comes amidst increasing competition, with new investment vehicles for Hedera and Litecoin also joining the market recently, though many investors prioritize diversified portfolios to mitigate individual token risk.

Staking Advantage

A key differentiator for Solana ETFs, particularly when compared to Bitcoin-based products, is the ability to offer staking yields to investors. Solana staking rewards averaged approximately 5.73% annually this week, according to Solana Compass. Grayscale’s GSOL, for instance, distributes about 77% of these rewards to its holders, providing an income stream that complements potential price appreciation and enhances long-term investor appeal.

Outlook

The early success and unique staking advantage of Solana ETFs position them as significant instruments for institutional participation in the evolving crypto landscape. Analysts anticipate continued network adoption and staking yields will drive sustained interest, with projections suggesting future inflows could reach up to $5 billion.