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Bitwise’s Solana Staking ETF Tops $1 Billion in Assets

The milestone highlights growing demand for regulated Solana exposure and a staking structure that reinvests rewards into the fund.

Overview

  • Bitwise confirmed that its Solana Staking ETF, BSOL, held about 9.33 million SOL and crossed roughly $1.0175 billion in assets as of Aug. 26, 2026.
  • On-chain and market trackers reported a concentrated subscription surge that produced $138 million in net inflows for U.S. spot Solana ETFs over a recent 10‑day stretch, the strongest stretch on record.
  • BSOL stakes most of its holdings—Bitwise reports roughly 96% staked—and credits a 90‑day average net staking reward of about 5.80% that is added back into the fund rather than paid out in cash.
  • Trading volumes spiked alongside creations, with single‑day category volumes exceeding $160 million and U.S. Solana ETFs drawing roughly $9.1 million on Aug. 26 led by Morgan Stanley’s MSOL; at the same time SOL traded in the roughly $100–$110 range and slipped several percent during the flow surge.
  • Analysts and data providers report different cumulative totals for the product group (about $1.7 billion versus roughly $1.26 billion) because AUM moves with SOL’s price while cumulative net inflows measure subscriptions minus redemptions, and the growing share of SOL locked in BSOL could tighten liquid supply and affect future price moves.