Solana ETFs draw $60.91 million as Schwab adds direct SOL access

US spot Solana ETFs took in $60.91 million on Aug. 27, their largest single-day inflow of 2026, lifting August to a record $134 million with two trading days left in the month.

The session's flows, tracked by SoSoValue, pushed total net assets across the nine funds to $1.49 billion from $1.26 billion a day earlier, with cumulative net inflows at $1.32 billion. Value traded reached $196.82 million, more than double the Aug. 26 figure.

Bitwise's BSOL drew $40.20 million, about 66 percent of the day's total, taking its net assets to $1.02 billion — the only Solana product past the billion mark. Grayscale's GSOL added $6.22 million, Fidelity's FSOL $5.82 million, Morgan Stanley's MSOL $4.74 million and 21Shares' TSOL $3.93 million, though TSOL's cumulative flow remains negative at -$98.26 million.

The inflow day landed inside a 24-hour window that also brought two structural shifts. Charles Schwab said it will add SOL, AVAX and LINK to Schwab Crypto, opening direct access to 39.9 million brokerage accounts holding $13.04 trillion in client assets. Solana's first on-chain governance vote closed the same day, approving proposals that halve the rate of new SOL issuance and redirect a larger share of transaction fees to burns.

Schwab strips out a layer for retail

The ETFs gave advisors a wrapper for model portfolios; Schwab going direct removes a step for retail investors who never planned to open a Phantom wallet. Neither channel depends on the other, but both widening in the same week expands the addressable buyer pool.

Governance vote tightens supply

The first proposal pulls Solana's 1.5 percent inflation floor forward to roughly 2029 from 2032, cutting about 18.9 million SOL from projected issuance over six years. The second rewrites fee mechanics so daily burns could rise from around 648 SOL to between 7,500 and 9,000, though the range is a projection tied to network activity. Vote closing is not the same as shipping — implementation timelines on Solana proposals have slipped before.

SOL traded at $109 on Aug. 27, up roughly 44 percent across August and on pace for its strongest month since 2024. The last time it held above $105 was January. The broader complex moved in step: spot Bitcoin ETFs added $242.3 million for a ninth straight session, Ether funds $235 million and Hyperliquid products $24.42 million, per Farside and SoSoValue.

The sequencing matters more than the single-day number. Access expanded through two separate channels while the network moved to reduce issuance, all inside one session. Whether the next few sessions hold near that pace tells more than Aug. 27 does on its own.

This article is for informational purposes only and does not constitute investment advice.