Bitwise Solana Staking ETF Tops $1 Billion AUM After 10 Months
Bitwise’s Solana staking ETF has crossed $1 billion in assets under management, reaching the milestone roughly 10 months after launch and marking a notable scal...
Bitwise’s Solana staking ETF has crossed $1 billion in assets under management, reaching the milestone roughly 10 months after launch and marking a notable scale threshold for the firm’s Solana-based yield product.
The fund, which trades as BSOL, offers investors exposure to Solana with a staking component built into its structure, according to Bitwise’s product page. Crossing the ten-figure AUM mark places it among the larger single-asset crypto products tied to a network beyond Bitcoin and Ethereum. For related coverage, see Bitwise Chainlink ETF Sees $1.5M in Weekly Inflows.
Bitwise flagged the growth of the product through its official channels, via a post on X. The asset manager has previously highlighted BSOL’s trajectory as it accumulated inflows since launch.
What 10 months of asset growth signals about demand
Reaching the milestone over a 10-month span points to gradual accumulation rather than a single-day surge, suggesting steady investor appetite for Solana exposure in a regulated wrapper. The staking feature differentiates BSOL from plain spot products, since it aims to pass network yield through to holders.
The pace of growth mirrors earlier reporting that the Bitwise Solana staking ETF had surpassed $1 billion in inflows, and that the fund became the first Solana ETF to hit that AUM level. Trading activity has also been meaningful, with the product reaching $100 million in daily volume at points during its run.
Why the milestone matters for Solana
The scale of the fund reinforces Solana’s growing presence in investable product formats, at a time when the asset has been competing with peers like XRP for share of the crypto ETF market. A billion-dollar thematic product signals institutional willingness to hold Solana through traditional brokerage channels.
Bitwise’s broader push into single-asset staking products has extended beyond Solana, including its Chainlink ETF. Further detail on BSOL’s holdings and staking mechanics is available through the fund’s dedicated site.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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Akita Inu
Akita Inu covers fast-moving crypto market updates, exchange news, and token ecosystem developments for CoinLive, with a focus on concise source-led reporting.