Bitwise Solana ETF Surpasses $1 Billion in Net Inflows as SOL Price Stagnates

Bitwise’s Solana exchange‑traded fund (ticker BSOL) has attracted $1.02 billion in net inflows, according to data released by Arkham on September 1. The inflow level makes BSOL the largest Solana‑focused ETF by assets under management.

ETF inflows versus SOL price performance

Despite the sizable capital entering BSOL, the price of Solana’s native token (SOL) has not shown a comparable rise. Market commentary notes continued caution among investors, with the inflows not translating into upward price pressure.

Alternative strategies: cloud‑mining contracts

Some SOL holders are reportedly shifting to cloud‑mining contracts offered by the platform EX DeFi. The service promotes daily settlements and claims potential earnings of up to $7,517 per day, though these figures are not independently verified.

Features highlighted by EX DeFi

• Zero‑hardware entry: contracts can be purchased with major cryptocurrencies such as BTC, ETH, SOL, or XRP.
• Daily profit settlement with the option to withdraw or reinvest.
• Affiliate rewards program offering up to 5 % in referral earnings.
• Operations powered by 100 % green energy and security measures that include cold‑wallet isolation.

Contextual market factors

Investors are navigating a broader environment of global economic slowdown, rising oil prices, and higher living costs, which adds to the volatility of cryptocurrency markets and influences decisions about long‑term holdings versus alternative income streams.