Guavy AI Editorial TeamSentiment: 3.8Clout: 82

Solana Spot ETF Sees Record-Breaking Inflow

The cryptocurrency market has witnessed a notable influx of funds into the Solana spot ETF on May 4, as per data from SoSoValue. The total net inflow reached $3.2779 million, marking a substantial increase in investor interest.

Among the top performers was the Bitwise Solana Staking ETF (BSOL), which attracted $2.2768 million in net inflows, pushing its historical cumulative net inflow to over $827 million.

The Fidelity Solana Fund ETF (FSOL) came close behind with a net inflow of $1.0011 million, contributing to its own historical total of $159 million.

As of the time of writing, the aggregate net asset value of the SOL spot ETFs stands at $867 million, representing a net asset ratio of 1.79%. The cumulative net inflow has reached an impressive $1.021 billion.