Bitwise’s Solana staking ETF crosses $1B in assets under management in just 10 months
Bitwise's Solana Staking ETF (BSOL) reached $1B in assets under management 10 months after launch, holding 9.33M SOL. It dominates the market with 79% of net flows and a 5.80% staking yield. Despite SOL's 60% price drop, Bitwise notes strong investor conviction.
How this was made

The 30-second read
Why it matters
The $1 billion AUM milestone highlights strong demand for yield‑generating crypto exposure and could shift capital toward staking ETFs.
Market read
BSOL’s $1 billion AUM milestone underscores rising demand for yield‑focused crypto ETFs.
What to watch
Potential regulatory scrutiny of crypto staking mechanisms may limit future growth.
Background
Bitwise launched the Solana Staking ETF (BSOL) in Oct 2025; Solana’s price is down roughly 60% from its all‑time high.
Ticker impact
BSOL surpassed $1 billion in assets under management, becoming the first Solana‑focused ETF to hit that milestone.
Potential modest upside as investors seek high‑yield crypto exposure.
The large AUM milestone validates the staking model and signals strong demand, likely boosting demand for the ETF.
Market effects
Shows growing investor appetite for crypto‑linked ETFs, pressuring competing Solana products.
Increases US retail exposure to Solana and may lift domestic crypto trading volumes.
Sets a precedent for large‑scale crypto staking funds, influencing global ETF issuers.
Counterpoint
High concentration risk could deter risk‑averse investors if outflows from BSOL accelerate.
Key entities
- companyBitwise
ETF sponsor that launched the Solana Staking ETF (BSOL).
- cryptoSolana
Underlying blockchain asset staked by BSOL.
- companyGrayscale
Competing crypto ETF provider mentioned for comparison.




