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Solana spot ETFs see $115M inflows in May, led by Bitwise's $80M, while Bitcoin and Ethereum ETFs face outflows.

Market News
01 Jun 2026
Crypto Briefing
View Source
Bullish
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In May, Solana spot ETFs experienced $115 million in net inflows, marking their best month in six months, with Bitwise's BSOL fund contributing about $80 million. This contrasts with significant outflows from Bitcoin and Ethereum spot ETFs during the same period. Bitwise's BSOL fund, launched in October 2025, remains dominant with features like a 7% staking reward and a waived management fee for the first $1 billion in assets. Although Solana's cumulative inflows of $1.13 billion are modest compared to Bitcoin's ETF assets, the strong May performance highlights a rotation in investor interest. However, Bitwise's fee waiver will end once BSOL surpasses $1 billion in assets, which could impact future inflows.

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