Solana ETFs are gaining attention as new crypto investment options. Bitwise’s BSOL and Grayscale’s GSOL saw a total of $154.73 million in inflows and $439.97 million in assets by October 30. BSOL leads with $343.78 million in assets, while GSOL holds $96.19 million. Despite recent price drops, interest remains strong.
Grayscale exec Zach Pandl expects Solana ETFs to grow into multi-billion-dollar products as they attract traditional investors seeking crypto exposure and portfolio diversification. US ETFs manage over $10 trillion, making them key for mainstream adoption.
New crypto ETFs for Hedera and Litecoin also launched this week, increasing competition. However, many investors prefer diversified portfolios to reduce risks from single tokens.
Solana ETFs offer a unique benefit-staking rewards. GSOL pays about 77% of staking returns to holders, averaging 5.73% annually. This yield, combined with price growth, makes Solana ETFs attractive for long-term investors.
Experts predict staking and network growth will boost Solana ETF demand, potentially driving inflows to $5 billion in the future.
