Bitwise’s Solana Staking ETF has surpassed $1 billion in assets under management, reaching the milestone exactly 10 months after launch.
The fund now represents more than half of all assets held in Solana ETFs, according to The Block data, despite BSOL shares being down roughly 40% since listing and SOL remaining about 60% below its all-time high.
Spot Solana ETFs have attracted around $1.7 billion in cumulative net inflows and generated more than $13 billion in trading volume since launching in September 2025. Bloomberg analyst Eric Balchunas noted that the category has seen remarkably limited outflows despite the severe crypto downturn earlier this year.
Institutional interest in Solana is also expanding. Charles Schwab recently announced plans to offer direct SOL trading, while Goldman Sachs is the largest known holder of spot Solana ETFs, with nearly $90 million invested.
SOL itself has rebounded nearly 45% over the past month as the broader crypto market recovers. $SOL