Bitwise ETF clients purchase $9.65M in Solana tokens as BSOL dominates US spot fund category
Solana (SOL)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Bitwise ETF clients purchased $9.65M in Solana tokens, with BSOL dominating the US spot fund category. This dominance in the Solana ETF market enhances SOL's demand and network security. The development influences crypto investment strategies and competition.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 29 September 2026. Not the outlet's figures.
SOL is trading at $118.89 with a 1h buy ratio of 63.1% and a 4h buy ratio of 61.3%, compared to a 24h buy ratio of 50.1%. The buy ratio measures the proportion of trades that are buys; a higher ratio indicates stronger buying pressure. Volume delta shows the net difference between buy and sell volume; positive values mean buyers are absorbing more supply than sellers. The 1h volume delta is +$2,819,231 and the 4h volume delta is +$8,001,645, while the 24h volume delta is +$974,256. Buying pressure is building in the short term, as the 1h and 4h buy ratios are significantly higher than the 24h average.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, the 7d average buy ratio was 51.4%, with 4 of 7 days showing net buying. Today's 24h buy ratio of 50.1% is 1.3 points lower than the 7d average. Volume over the last day was 0.80x the weekly average, indicating lighter trading activity than usual. The 8d volume delta total was +$85,830,486, with a price change of 0.0% over 8 days. This is an ordinary day for the coin, as the buy ratio is close to the weekly average, though volume is slightly below average.