Bitwise ETPs Take $100M Daily Inflows, Led by Solana (SOL)

Bitwise ETPs Take $100M in a Single Day

Bitwise's US-listed exchange-traded product lineup absorbed roughly $100 million in net inflows in a single session on Wednesday, Aug. 27, and Solana (SOL) products captured the largest share — about $40 million, ahead of Bitcoin's roughly $22 million. Chief executive Hunter Horsley disclosed the figure through Bitwise's official channel, saying “investors are beginning to expand their portfolio exposure to crypto assets in earnest.” The rest of the leaderboard stacked up as follows: HyperLiquid (HYPE) took about $20 million, XRP about $12 million and Ethereum roughly $1.4 million, with the top five assets jointly accounting for $95.4 million of the day's total. Flows into the SOL, HYPE and XRP product groups combined (about $72 million) ran more than three times the combined Bitcoin-and-Ethereum figure (about $23.4 million) — a pattern pointing at traditional-finance capital rotating out of a Bitcoin-only trade and into themed altcoin exposure built on staking yields, decentralized derivatives and cross-border payments.

Liquidity metrics underlined the same shift. Bitwise's staking ETF for Solana, BSOL, turned over $126 million in one session, beating its own record set just two days earlier and marking the largest daily volume ever recorded by any Solana ETF globally — figures the asset manager's president, Teddy Fusaro, shared publicly. The fund lets institutions capture SOL price appreciation and staking rewards straight from a securities account, without operating an on-chain wallet or delegating to validator nodes, a structural convenience analysts view as central to pulling institutional order flow. One caveat: a single outsized session does not by itself confirm a structural regime change, and whether BSOL-led altcoin ETP assets under management keep compounding through coming macro prints will decide if this second institutionalization phase sticks.

US Spot Solana ETFs Log Best Day of 2026

Across the wider US spot Solana ETF complex, Aug. 27 was the best single day for inflows this year: $60.91 million poured into the nine listed funds, and with two trading sessions still left in the month, August has already become 2026's strongest month with more than $134 million in cumulative net inflows — extending the streak we tracked in our earlier Solana ETF flow report. Total net assets across the nine funds rose to $1.49 billion from $1.26 billion the prior day, lifting cumulative net inflows since launch to $1.32 billion, while trading value hit $196.82 million, more than double the Aug. 26 figure. Bitwise's BSOL took $40.20 million of the day — 66% of the complex total — and with $1.02 billion in net assets against $1.01 billion in cumulative flows, it remains the only SOL product to clear the billion-dollar mark. Grayscale's GSOL added $6.22 million, Fidelity's FSOL $5.82 million, Morgan Stanley's MSOL $4.74 million and 21Shares' TSOL $3.93 million, though TSOL's cumulative flows still sit at -$98.26 million.

The same 24 hours delivered a distribution milestone and a supply-side pivot. Schwab confirmed in an official post that it will add SOL, AVAX and LINK to its Schwab Crypto offering in the coming months, opening direct spot access to the token across 39.9 million brokerage accounts holding $13.04 trillion in client assets — removing a layer of friction for investors who would never have set up a self-custody wallet. Meanwhile, Solana's first on-chain governance ballot closed on two proposals pressing on SOL supply from opposite ends: one halves new issuance and pulls the network's minimum inflation floor of 1.5% forward to around 2029 instead of 2032, cutting roughly 18.9 million SOL from expected issuance over six years; the other reworks fee mechanics so a far larger share of transaction fees is burned rather than paid out, with projected daily burns rising from about 648 SOL to 7,500–9,000. Execution schedules remain tentative, and burn volume depends on network activity rather than a fixed calendar — our breakdown of the SIMD-0550 issuance vote covers the mechanics. SOL itself traded around $109 on Aug. 27, up roughly 44% for August and above $105 for the first time since January; retail access routes are outlined in our How to Buy Solana (SOL) guide. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

$109.80 Ceiling Meets an Overbought RSI

SOL now changes hands at $106.59, up 2.54% over 24 hours, and COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $109.80 resistance at 70/100 — a confluence of the upper Bollinger Band, the Donchian upper band, Fibonacci 0.000 and the ATR upper band. The nearest support at $104.85 scores 79/100 (STRONG), driven by the Fibonacci 0.114, a MACD cross and a flip of former resistance into support; a deeper shelf at $93.77 (74/100) stacks the EMA-20, Ichimoku Kijun and Supertrend. The RSI at 79.75 flags overbought conditions even as momentum stays bullish inside a confirmed uptrend. Positioning skews cautious: perp funding is negative at -0.0029% — shorts effectively paying longs — while open interest sits at $2.47 billion and the long/short account ratio reads 1.60 (61.6% long). With the Fear & Greed Index at 73 (Greed), a clean break above $109.80 opens the $123.07 level (47/100); a rejection there that surrenders $104.85 would invalidate the bullish structure and put $93.77 back in play.