Solana ETFs attract record $188 million as Bitwise takes about two-thirds

U.S. spot Solana ETFs attracted a record $188 million last week. Every fund in the group recorded inflows. Weekly figures shared by Solana's official account showed Bitwise's BSOL received roughly $128 million during the five sessions through Sept. 25. Grayscale's GSOL received $28 million. Fidelity's FSOL received $18 million. Morgan Stanley, VanEck, Franklin Templeton and 21Shares accounted for the remaining $14 million. Friday supplied nearly half the weekly total. The funds added about $87 million that day, their largest daily amount since going live. Bitwise received $56 million on Friday. Grayscale received $19 million. BSOL accounted for about $1.2 billion of the group's $1.6 billion in cumulative net inflows, or roughly 76%. BSOL's 68% share last week was below that longer-term proportion. Competing funds collected about $60 million between them. Spot ETFs let investors hold exposure to SOL through brokerage accounts without managing a crypto wallet. Net inflows measure money entering funds after withdrawals, rather than the value of shares traded between investors. Solana developers tested Alpenglow, an upgrade intended to reduce payment finality from about 12.8 seconds to roughly 150 milliseconds.