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Bitwise Solana ETF crosses $1 billion in assets under management
The Bitwise Solana Staking ETF reached the milestone roughly 10 months after launch, and it holds more than half of all Solana ETF assets, according to The Block’s data.
Bitwise’s Solana staking exchange traded fund, BSOL, has crossed $1 billion in assets under management, The Block reported Friday. The milestone comes about 10 months after launch, and The Block’s data show it accounts for more than half of total SOL ETF assets. Bitwise said the bulk of inflows arrived during a bear market, describing the result as an indication of investor conviction. The Defiant also cited Glassnode data showing $138 million in Solana ETF inflows over 10 days, with BSOL capturing nearly four-fifths of cumulative flows among six products tracked by Farside. Despite the difficult backdrop for crypto, BSOL shares have fallen about 40% from the listing price, while Solana is down about 60% from its all time high, according to The Block’s reporting. The Block also said spot Solana ETF spot trading volume has topped $13 billion since their September 2025 launch, alongside cumulative flows of $1.7 billion with no sustained outflow stretch.
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