Bitwise’s Solana staking fund has crossed $1 billion in assets under management, making BSOL the first Solana ETF to reach the threshold, according to Glassnode. As of Aug. 26, the fund listed 9,332,360.79 SOL with a market value of $1.018 billion and net assets of $1.0175 billion. Solana spot ETFs drew $138 million of net inflows over 10 days, their strongest stretch on record, with a single-day high of $47 million. According to Farside Investors, BSOL accounts for nearly 79% of total group flows with $1.0114 billion of cumulative net flows out of $1.284 billion. As of Aug. 26, 96% of the fund’s assets were staked with a 5.80% net staking reward rate.
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