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Just saw that Solana ETF had a solid inflow day back in early March. The Bitwise staking ETF (BSOL) was pulling in most of the action that day - something like $19 million in net inflow on March 4 alone. Pretty interesting considering the broader ETF landscape.
The cumulative numbers are pretty telling too. Total inflows into SOL spot ETFs have hit around $971 million historically, with BSOL leading the charge. The asset base is sitting at roughly $900 million across the board. That 1.70% net asset ratio shows these products are still building out their market presence.
Seems like there's steady institutional interest in Solana through these ETF vehicles. Worth keeping an eye on as the inflow trends continue to develop.