Solana ETF Hits $1B Milestone as Whalio Tracks Spot Flow
Solana (SOL)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Bitwise’s Solana staking exchange-traded fund (ETF), BSOL, has crossed the remarkable milestone of managing $1 billion in assets. This achievement positions it as the first Solana-focused ETF to reach this benchmark. The milestone was reached in less than a year since its introduction, marking a noticeable increase in institutional interest in the Solana ecosystem.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 29 August 2026. Not the outlet's figures.
SOL is trading at $104.15 with a 1-hour buy ratio of 58.6% and a 4-hour buy ratio of 56.7%, both indicating strong immediate buying pressure. This contrasts with the 24-hour buy ratio of 47.4%, suggesting that short-term momentum is outpacing the daily average. The 1-hour volume delta is positive at +$1,483,151, while the 4-hour delta is +$4,981,284, showing net inflows in the short term. However, the 24-hour volume delta is negative at -$23,550,569, indicating that over the full day, sellers have dominated the volume. The cumulative volume delta (CVD) for the 24-hour close is +$13,746,350, and net buying occurred for 18 of the last 24 hours.
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.
Twenty-four hours later
What SOL did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
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 average buy ratio was 52.9%, making the current 24-hour ratio of 47.4% 5.4 points lower than the weekly norm. Despite this dip, the coin has seen net buying for 7 of the last 7 days, with a total volume delta of +$161,909,562 over eight days. The 24-hour spot volume of $471,324,660 represents 1.00x the weekly average, indicating normal trading activity levels. Price has risen 11.1% over the eight-day period, reflecting sustained bullish sentiment despite the recent intraday divergence between short-term and daily flows.