Markets· ★★★· bullish·

Bitwise's BSOL buys $9.65M in SOL, captures 80% of US spot Solana ETF inflows

  • —BSOL bought 95,887 SOL for $9.65 million on the open market
  • —Cumulative SOL purchases via BSOL have reached about $948 million
  • —The fund holds roughly 80% of US spot Solana ETF net inflows
  • —Total US spot Solana ETF inflows have topped $1.6 billion
Why it matters: Steady BSOL purchases add demand pressure on SOL supply and boost the share of staked tokens securing the network.
Source: Crypto Briefing