Bitwise Takes Solana ETF Past $1 Billion as $SOL Rebounds 46% This Month
Bitwise’s solana staking ETF has surpassed $1 billion in assets under management, a milestone that puts $SOL alongside bitcoin and ether in the small group of cryptocurrencies with billion-dollar ETF products.
The fund, which trades under the ticker BSOL, reached the mark exactly 10 months after launch, according to Bitwise.
“The Bitwise Solana Staking ETF, BSOL, just crossed $1 billion AUM, exactly 10 months after its launch,” the asset manager said on X.
Bitwise noted that most of the roughly $1 billion in inflows arrived during a bear market, suggesting investors continued building exposure despite a difficult first half for digital assets. Across the wider category, U.S. solana ETFs now hold about $1.43 billion in assets, representing about 2.35% of $SOL’s marketcap.
