SOL spot ETFs see $20.3M weekly inflows, Bitwise BSOL leads while 21Shares TSOL posts largest outflow
SOL spot ETFs recorded a net inflow of $20.30 million during the trading week of Dec 1–5 (EST). Bitwise Solana Spot ETF (BSOL) led weekly inflows with $65.11 million, bringing its cumulative net inflows to $593 million. Fidelity’s SOL ETF (FSOL) saw $14.11 million in weekly inflows, with cumulative inflows at $46.42 million. The largest weekly outflow came from 21Shares Solana Spot ETF (TSOL), which saw $73.91 million leave, pushing its cumulative net outflows to $102 million. Total net asset value (NAV) of SOL spot ETFs stood at $878 million, and ETF market-cap relative ratio to Bitcoin reached 1.18%. Cumulative net inflows across all SOL spot ETFs have reached $639 million. This data comes from SoSoValue and was reported by PANews. The information is provided for market reference and does not constitute investment advice.
Neutral
Net inflows of $20.3M into SOL spot ETFs indicate continued institutional and retail interest, but the flows are concentrated: large inflows into Bitwise BSOL offset substantial outflows from 21Shares TSOL. The overall NAV of $878M and cumulative inflows of $639M show meaningful adoption, yet the big redemptions at TSOL signal product- and issuer-specific rotation rather than a uniform market direction. For traders, this suggests limited directional impact on SOL price from ETF activity alone in the short term — watch fund-level rebalancing and liquidity at major issuers. Historically, ETF inflows can be bullish when sustained and broad-based; however, concentrated and offsetting flows tend to produce neutral net effects. Monitor week-to-week ETF flows, on-chain SOL activity, and derivatives open interest for clearer short-term signals; for the long term, steady cumulative inflows support a constructive demand backdrop for SOL but depend on continued asset-gathering across multiple issuers.