Solana ETF flows
9 spot ETFs · since 28 Oct 2025 · 215 trading days
On Fri 30 Oct Solana ETFs saw −$10.7M of net outflow — BSOL −$9.3M and MSOL −$0.8M lost the most; the 5th outflow day in a row. 6 of 9 funds have reported for Fri 30 Oct so far. Read the issue
Partial
6 of 9 funds reported for Fri 30 Oct. Not reported yet: VSOL, SOEZ, QSOL. The day total is recomputed as they arrive.
Net flow · Fri 30 Oct
Funds−$10.7M Outflow
Top inflow · outflow
Streak
Records5 outflow days in a row
since Mon 26 Oct · −$71.4M over the run
Avg entry vs close
By fund−16.6% −$241.4M
Avg entry$115.36
SOL · Close 30 Oct$96.23
Avg entry below close2 of 9
Unrealised · our estimate from daily creations and redemptions, not an issuer report
ETF cost basisNet assets
Issuers$1.40B
coins held by the 9 funds at market value
Cumulative net flow+$1.47B
Net flow YTD+$702.9M
SOL price$96.21 +2.09%
Close Fri 30 Oct$94.74
Solana ETF daily net flow and SOL price
30 trading days: +$99.1M net · 10 inflow days / 20 outflow days
$M · bars: net flow of 9 funds · dashed: SOL price, own scale · T+1Open dashboard
Solana ETF flows by fund, day by day
Last 10 trading days, US$ m, newest first. A date opens that day’s issue, a ticker opens the fund.
| Day | BSOLBitwise · 0.20% | FSOLFidelity · 0.25% | GSOLGrayscale · 0.19% | MSOLMorgan Stanley · 0.14% | VSOLVanEck · 0.30% | SOEZFranklin Templeton · 0.19% | QSOLInvesco · 0.25% | SOLCCanary Capital · 0.50% | TSOL21Shares · 0.21% | Total |
|---|---|---|---|---|---|---|---|---|---|---|
| Fri 30 Oct | −9.3 | 0 | −0.7 | −0.8 | — | — | — | 0 | 0 | −10.7 |
| Thu 29 Oct | −23.7 | 0 | −4.0 | 0 | — | 0 | 0 | 0 | 0 | −27.7 |
| Wed 28 Oct | −5.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −5.7 |
| Tue 27 Oct | 0 | 0 | −19.1 | 0 | 0 | 0 | 0 | 0 | 0 | −19.1 |
| Mon 26 Oct | −7.2 | 0 | −1.8 | +0.8 | 0 | 0 | 0 | 0 | 0 | −8.2 |
| Thu 22 Oct | −5.7 | 0 | −3.2 | 0 | 0 | 0 | 0 | +0.4 | 0 | −8.5 |
| Wed 21 Oct | 0 | 0 | 0 | +0.6 | 0 | 0 | 0 | 0 | 0 | +0.6 |
| Tue 20 Oct | 0 | 0 | −2.6 | 0 | 0 | 0 | 0 | 0 | 0 | −2.6 |
| Mon 19 Oct | −4.9 | −1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −6.7 |
| Fri 16 Oct | −12.7 | 0 | 0 | −0.1 | 0 | 0 | 0 | 0 | 0 | −12.8 |
| 10 days | −69.1 | −1.8 | −31.5 | +0.6 | 0 | 0 | 0 | +0.4 | 0 | −101.4 |
| Fund | 30 Oct | 29 Oct | 28 Oct | 27 Oct | 26 Oct | 22 Oct | 21 Oct | 20 Oct | 19 Oct | 16 Oct |
|---|---|---|---|---|---|---|---|---|---|---|
| BSOL | −9.3 | −23.7 | −5.7 | 0 | −7.2 | −5.7 | 0 | 0 | −4.9 | −12.7 |
| FSOL | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1.8 | 0 |
| GSOL | −0.7 | −4.0 | 0 | −19.1 | −1.8 | −3.2 | 0 | −2.6 | 0 | 0 |
| MSOL | −0.8 | 0 | 0 | 0 | +0.8 | 0 | +0.6 | 0 | 0 | −0.1 |
| VSOL | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SOEZ | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| QSOL | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SOLC | 0 | 0 | 0 | 0 | 0 | +0.4 | 0 | 0 | 0 | 0 |
| TSOL | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | −10.7 | −27.7 | −5.7 | −19.1 | −8.2 | −8.5 | +0.6 | −2.6 | −6.7 | −12.8 |
— = the fund has not reported that day · 0 = reported, no creations or redemptions · fill shows the sign
Solana ETFs ranked by daily flow
9 funds · click a header to re-sort · tick up to four funds to compare them side by side
| Compare | Fund | Details | |
|---|---|---|---|
| FSOLFidelity Solana FundFidelity | 0 | ||
| SOLCCanary Marinade Solana ETFCanary Capital | 0 | ||
| TSOL21Shares Solana ETF21Shares | 0 | ||
| GSOLGrayscale Solana TrustGrayscale | −$0.7M | ||
| MSOLMorgan Stanley Solana TrustMorgan Stanley | −$0.8M | ||
| BSOLBitwise Solana ETFBitwise | −$9.3M | ||
| VSOLVanEck Solana ETFVanEck | —not reported | ||
| SOEZFranklin Solana ETFFranklin Templeton | —not reported | ||
| QSOLInvesco Galaxy Solana ETFInvesco | —not reported | ||
| Total · 9 funds | −$10.7M |
Share price: last daily close · share = fund’s part of all positive cumulative flow
Avg entry — the average price per coin the fund's clients paid, our estimate from daily creations and redemptions, not an issuer report · as of 30 Oct 2026
ETF holders’ average entry vs price
Solana · how the gap to the waterline changed over time
Average entryPrice, daily averageabove entrybelow entry
entry$115.36price$96.23
Price below entry: 351 of 368 days · Entry: our estimate from daily creations and redemptions. Price: the coin’s volume-weighted average for each day; the last day uses the latest price.ETF cost basis
Clients’ average entry is below the SOL close in 2 of 9 Solana ETFs
Average entry (hollow) vs SOL close $96.24 (solid) · 30 Oct · sorted by gap
- MSOLMorgan Stanley+8.5%+$3.8Mentry $88.67
- QSOLInvesco+4.8%+$187Kentry $91.79
- TSOL21Shares−4.1%−$222Kentry $100.36
- SOEZFranklin Templeton−7.4%−$980Kentry $103.88
- FSOLFidelity−14.2%−$31.6Mentry $112.12
- VSOLVanEck−14.6%−$2.5Mentry $112.74
- SOLCCanary Capital−16.8%−$607Kentry $115.61
- GSOLGrayscale−18.1%−$18.9Mentry $117.53
- BSOLBitwise−18.3%−$190.4Mentry $117.79
The gap is unrealised and before fees.
Streaks and records
descriptive, not a signal- Current outflow run
- 5 days · since 26 Oct
- Largest inflow, all time
- +$86.7M · 25 Sep 2026
- Largest outflow, all time
- −$32.1M · 3 Dec 2025
- Inflow days in 2026
- 118 of 209
- Best month
- +$419.4M · Nov 2025
- Worst month
- −$143.8M · Oct 2026
All records · 30D / 90D / 1Y
| Window | Largest inflow | Largest outflow |
|---|---|---|
| Last 30 trading days | +$86.7M25 Sep 2026 | −$27.7M29 Oct 2026 |
| Last 90 trading days | +$86.7M25 Sep 2026 | −$27.7M29 Oct 2026 |
| Last 12 months | +$86.7M25 Sep 2026 | −$32.1M3 Dec 2025 |
Trading days only. A day where a fund has not reported is skipped, not counted as zero.
Who takes the inflows · YTD
gross inflow by fund- BSOL68%
- FSOL13%
- GSOL9%
- Others9%
BSOL alone took 68% of the gross inflows this year.
Staking in Solana ETFs
9 of 9 Solana ETFs stake · ≈14.69M SOL staked, 99.2% of the Solana held by ETFs
- BSOL Bitwise99% staked · 5.35%
- FSOL Fidelity100% staked · 4.95%
- VSOL VanEck86% staked · 4.76%
- TSOL 21Shares100% staked · 5.47%
- SOEZ Franklin Templeton100% staked · 4.85%
- GSOL Grayscale100% staked · 3.73%
- SOLC Canary89% staked · 6.38%
- MSOL Morgan Stanley100% staked · 4.56%
- QSOL Invesco54% staked · 1.90%
Institutions in Solana ETFs: 13F holders
113 institutions held Solana ETFs on June 30, 2026, worth $340M across 8 funds. BSOL had both the most institutional money ($251M) and the most holders (61). Holders rose from 103 in Q1 2026; share counts rose in 5 of 8 funds.
13F filings for the quarter ended Jun 30, 2026 · next update after Nov 14, 2026 · What is a 13F?
Institutions holding113+10 vs Q1 26
Reported value$340Mat Jun 30 prices
Net change in shares+$46.9M+5.2M · +16.0% vs Q1 26
Funds with holders8of 8 Solana ETFs tracked
Reported in 13F≈40%of Solana ETF shares outstanding on Jun 30
Holder mix by value · our classificationshare of the $340M
- Bank & broker 36.1%
- Market maker 11.1%
- Hedge fund 10.7%
- Asset manager 3.4%
- Crypto firm 30.3%
- Endowment & foundation 0.9%
- Wealth adviser 2.8%
- Other managers 4.7%
Largest Solana ETF holders
| # | Holder | Type · our classification | Funds held | Value | Change in shares, q/q |
|---|---|---|---|---|---|
| 1 | Goldman SachsNew York · Bank & broker | Bank & broker | BSOL, FSOL, GSOL, SOEZ, TSOL, VSOL | $88.7M | +10.8M new |
| 2 | Electric Capital PartnersPalo Alto · Crypto firm | Crypto firm | BSOL | $84.1M | unchanged |
| 3 | Morgan StanleyNew York · Bank & broker | Bank & broker | BSOL, FSOL, GSOL | $33.6M | unchanged |
| 4 | Multicoin Capital ManagementAustin · Crypto firm | Crypto firm | BSOL | $18.9M | unchanged |
| 5 | Weiss Asset ManagementBoston · Hedge fund | Hedge fund | BSOL | $18.5M | +1.8M new |
| 6 | Citadel AdvisorsMiami · Hedge fund | Hedge fund | BSOL | $16.8M | −0.22M −12% |
| 7 | Jane StreetNew York · Market maker | Market maker | BSOL, GSOL, QSOL | $12.0M | +1.4M +382% |
| 8 | Fielder CapitalNashville · Other managers | Other managers | BSOL, GSOL | $9.1M | +0.70M +307% |
| 9 | Susquehanna InternationalBala Cynwyd · Market maker | Market maker | BSOL, GSOL, QSOL | $8.1M | −6.3M −86% |
| 10 | FMRBoston · Asset manager | Asset manager | FSOL | $7.4M | unchanged |
Who added and who cut in Q2 2026
Added
- Goldman SachsBank & broker · new+$88.7M
- Weiss Asset ManagementHedge fund · new+$18.5M
- Jane StreetMarket maker+$9.1M
- Fielder CapitalOther managers+$7.6M
- Envestnet Asset ManagementWealth adviser+$2.4M
Cut
- Susquehanna InternationalMarket maker−$46.7M
- Elequin CapitalHedge fund · exited−$14.7M
- Hunting Hill Global CapitalOther managers · exited−$7.7M
- Mangrove Partners IMHedge fund · exited−$7.7M
- IMC-ChicagoMarket maker−$2.6M
Change in shares, valued at Jun 30 prices
Long positions on the last day of the quarter, as filed by managers over $100M. Shorts, futures and retail investors are not in 13F. Changes are in shares, so the coin price does not move them.
Other crypto ETF flows
Net flow on each asset’s latest reported day · cumulative net flow on the right
Bitcoin
Ethereum
XRP
Hyperliquid
Chainlink
Hedera
Avalanche
Dogecoin
Litecoin
Sui
Polkadot
BNB
NEAR
Tron
ZcashWhat the Solana ETF flow data is telling us
Solana ETF complex has attracted +$1.47B in cumulative net flow since 28 Oct 2025, with current assets under management of $1.40B across 9 issuers.
Solana ETF flows show how much money is moving into and out of U.S. spot Solana exchange-traded funds each day — a daily read on institutional demand for SOL.
What Solana ETF flows tell you
A spot Solana ETF gives investors regulated, exchange-listed exposure to the SOL price without having to buy, custody or secure the token themselves. When investors put money into these funds, the issuer creates new shares and acquires more SOL; when they pull money out, shares are redeemed. The net of those creations and redemptions over a day is the fund's net flow.
Following daily flows matters because they are a cleaner signal of institutional positioning than price alone. Price can move on thin volume or short-term speculation, while sustained net inflows reflect investors actually allocating capital to Solana through long-only, regulated wrappers. Periods of persistent inflow often coincide with growing conviction in SOL, whereas heavy outflows can mark profit-taking or a broader risk-off rotation out of crypto.
Because spot Solana ETFs are newer and less crowded than Bitcoin or Ethereum products, the flow picture is especially informative: a handful of issuers, clearer attribution, and demand that is still finding its level. That is also why this page tracks SOL flows day by day rather than as a single headline number.
What drives Solana ETF inflows and outflows
- SOL price momentum and volatility — strong trends tend to pull in trend-following and allocation flows, while sharp drawdowns can trigger redemptions.
- Macro and risk appetite — when investors are risk-on, higher-beta assets like Solana usually see stronger inflows than during risk-off periods.
- Rotation versus Bitcoin and Ethereum — capital often rotates between the major crypto ETFs; SOL can gain or lose share relative to BTC and ETH.
- Staking and yield treatment — how each issuer handles SOL staking rewards can affect a fund's relative attractiveness.
- Fee competition between issuers — lower expense ratios and tighter spreads can shift flows toward specific funds.
- News and regulatory developments — listings, approvals and ecosystem catalysts can drive step-changes in demand.
How to read the data on this page
The daily net flow shows whether the funds collectively took in money (an inflow, shown in green) or lost money (an outflow, shown in red) on a given day. The cumulative line adds those daily flows together over time, approximating how much net capital has entered Solana ETFs since launch.
The issuer breakdown lists each fund and its share of assets, so you can see whether demand is concentrated in one product or spread across the market. Comparing Solana's flows and assets with Bitcoin, Ethereum and XRP helps you judge how much of the overall crypto-ETF demand SOL is capturing at any moment.
Flow figures are expressed in U.S. dollars (millions) and refreshed every business day. A positive number is a net inflow; a negative number is a net outflow.