Solana ETF inflows top $1 Billion; SOL holders earn up to $7,000 daily

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Bitwise’s Solana ETF (BSOL) has seen net inflows exceeding $1 billion in less than a year. Summary Bitwise’s Solana ETF has recorded $1.02 billion in net inflows, making BSOL the largest Solana ETF by size. SOL has not seen a comparable price increase despite the ETF inflows, with the promotional release citing continued caution among investors. EX DeFi claims some SOL holders are turning to its cloud mining contracts as an alternative way to generate returns from their crypto holdings. The platform advertises daily settlements and returns of up to $7,517 per day, though these earnings claims are presented by EX DeFi and are not independently verified. According to data released by Arkham on Tuesday (September 1), this milestone makes BSOL the largest Solana ETF by size. BSOL’s total net inflows currently stand at $1.02 billion. While sustained inflows typically drive up the value of the underlying asset, the price of SOL has not surged, a trend ...