Solana ETFs Draw $33.5M Daily Inflows; Bitwise BSOL Leads Funds

Bitwise-Led $33.5M ETF Inflow Day

Solana (SOL), the altcoin at the center of the latest institutional bid, drove U.S. spot exchange-traded funds to their strongest single-day net inflow of the year on Monday, with $33.5 million entering the product family. Flow data shows that print was the highest daily net intake since December and lifted cumulative net inflows across the cohort to $1.22 billion since the funds listed in late October. Trading volume on the session reached $166 million, the most since October 2025. Bitwise's BSOL was the primary engine, absorbing $25 million on the day and lifting its lifetime intake to $948.2 million; that sum represents roughly 80 percent of all capital that has entered the U.S. spot Solana ETF complex, and it accounted for about three-quarters of Monday's total. Fidelity's FSOL and Grayscale's GSOL attracted smaller additions of $4.8 million and $3.7 million, respectively. The broader product family has been in an uninterrupted accumulation phase: net inflows have now landed for 21 consecutive trading days, contributing more than $620 million during that run, and the five sessions since Aug. 18 have added $61.8 million. Monday's print alone represents more than half of that five-session accumulation. Bitwise's concentration advantage traces back to its early launch of a staked ETP structure, a design that the fund's product documentation shows earns a net staking yield of 5.81 percent by reinvesting daily rewards. Bitwise manages that staking internally, with Solana infrastructure provider Helius supporting validator operations. Readers tracking the theme can follow the Solana hub for ongoing flow coverage.

Inflation-Cut Proposals Could Halve Staking Yield

Asset manager 21Shares has published a research note arguing that two Solana governance proposals would materially reduce supply of the altcoin and cut staking yields roughly in half within two years. The firm analyzed SIMD-550, a proposal from RPC/API provider Helius that has been open to voting since Aug. 23, and SIMD-553, a fee-burn proposal from Solana research firm Temporal that was approved on July 20. SIMD-550 would double the annual disinflation rate from negative 15 percent to negative 30 percent, pulling forward the timeline for reaching a final 1.5 percent inflation rate from 5.7 years to 2.8 years. Based on current network parameters, 21Shares estimates the annual staking yield would decline from about 5.25 percent to roughly 4.34 percent in the first year, 3 percent in the second and 2.25 percent by the third. SIMD-553, meanwhile, introduces burn fees tied to the amount of compute resources consumed in finance-related transactions; at present activity levels, the daily SOL burn would rise from 600 to 800 SOL to between 7,500 and 9,000 SOL. Combined, the two changes could reduce six-year issuance by $1.4 billion to $1.5 billion, the report said. 21Shares also pointed to historical supply-reduction precedents: Ethereum's EIP-1559 was followed by a 37 percent gain in ETH over one month and a 60 percent gain over three months, while Cosmos proposal 848 preceded a 25 percent one-month and 10 percent three-month rise in ATOM. The company noted that broader market conditions contributed in both cases. Opposition to the acceleration has come from Solana Company, a publicly listed treasury firm whose second-quarter revenue of $2.526 million included $2.512 million in staking income. It supports the long-run 1.5 percent inflation target but objects to the timing, arguing that institutional adoption favors rule continuity. It also wants a fixed fee floor preserved in SIMD-553 and said it would revisit its stance if that design is adopted.

$112 Resistance in Focus

SOL trades at $101.70. COINOTAG's proprietary 42-indicator composite engine rates $112.21 resistance at 53/100, driven by R3 and Fibonacci 1.272 confluence, while $106.15 scores 45/100 on ATR Upper, R1 and BB Upper. On the downside, $98.18 carries a 75/100 composite from R/S flip, Fibonacci 0.114, Pivot Point and ATR Lower; $94.37 is at 76/100 via Fibonacci 0.236, HVN and POC. RSI at 81.41 flags short-term overbought conditions. Derivatives positioning is stretched: funding at 0.0066%, open interest at $2.17 billion and a 2.04 long/short ratio. Fear & Greed at 71 (Greed) reinforces risk appetite. Above $106, the path opens toward $112; a daily close below $98.18 invalidates the bullish setup and brings the bear-market scenario into view.