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Bitwise buys $107M in Solana amid rising institutional interest, nearing $1B in holdings.

Market News
10 Sep 2026
UToday
View Source
Bullish
Bitwise buys $107M in Solana amid rising institutional interest, nearing $1B in holdings.

Bitwise has purchased $107.4 million worth of Solana (SOL) over 20 trading days, driven by steady inflows into its Solana ETF despite market volatility. This significant buying reflects growing institutional interest in Solana as investors use recent price weakness as an entry point. Bitwise now holds over 9 million SOL, valued at approximately $918 million, approaching a $1 billion milestone in Solana holdings. This trend highlights increasing demand for Solana investment products among institutions.

More News (SOL)

Solana (SOL) jumps nearly 4% in hours despite recent 24-hour drop

Solana (SOL) jumps nearly 4% in hours despite recent 24-hour drop

Solana (SOL) surged 3.99% within four hours to reach $108, recovering from a 3.47% decline over the previous 24 hours. The price increase occurred on Binance's SOL/USDT spot market, moving from $104 to $108. During this period, short liquidations acr...

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NEAR ETFs see $3.98M inflows as Solana and Zcash ETFs face outflows on Oct 12

NEAR ETFs see $3.98M inflows as Solana and Zcash ETFs face outflows on Oct 12

On October 12, U.S. spot exchange-traded funds (ETFs) tracking NEAR attracted $3.98 million in net inflows, led solely by the Bitwise NEAR ETF, which now holds $81.67 million in net assets. Meanwhile, Solana ETFs experienced combined net outflows of ...

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Solana (SOL) rises 2.4% in an hour amid $510K short liquidations, despite a 5.34% drop over 24 hours

Solana (SOL) rises 2.4% in an hour amid $510K short liquidations, despite a 5.34% drop over 24 hours

Solana (SOL) saw a 2.40% price increase within one hour, reaching $105 at 9:54 p.m. ET Monday, driven by $510,000 in short liquidations on Binance, Bybit, and OKX. This surge contrasts with only $10,000 in long liquidations during the same period. De...

Market News
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7 hours ago
$2.75M Solana long futures position liquidated on Binance at $102

$2.75M Solana long futures position liquidated on Binance at $102

A $2.75 million long position in Solana (SOL) perpetual futures was liquidated on Binance at a price of $102. The liquidation occurred at 8:52 p.m. ET on Monday, Oct. 12 (00:52 UTC Tuesday, Oct. 13). This position was bullish, meaning the trader expe...

Technical Signals
Bearish
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Solana (SOL) price drops 4.58% to $104 with $12.27M in long liquidations

Solana (SOL) price drops 4.58% to $104 with $12.27M in long liquidations

Solana (SOL) experienced a significant price drop to $104, down 4.58% within four hours and 6.84% over 24 hours. This decline triggered $12.27 million in long-position liquidations across major exchanges Binance, Bybit, and OKX, indicating strong sel...

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8 hours ago
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