$BSOL just crossed $1B AUM in 10 months
Bitwise's $SOL staking ETF is absolutely eating
For context - most ETFs take YEARS to hit this milestone. This thing did it in less than a year
The staking yield is probably the secret sauce here. Traditional finance boomers getting 4-5% APY on their $SOL while it sits in their Fidelity account? That's the dream
Also shows institutional appetite for $SOL exposure is real. Not just retail aping into memecoins anymore
Wild how fast the ETF meta evolved from "maybe one day" to "$1B in 10 months"
Bitwise's $SOL staking ETF is absolutely eating
For context - most ETFs take YEARS to hit this milestone. This thing did it in less than a year
The staking yield is probably the secret sauce here. Traditional finance boomers getting 4-5% APY on their $SOL while it sits in their Fidelity account? That's the dream
Also shows institutional appetite for $SOL exposure is real. Not just retail aping into memecoins anymore
Wild how fast the ETF meta evolved from "maybe one day" to "$1B in 10 months"