Bitwise’s Solana staking ETF, trading under the ticker BSOL, crossed the $1 billion assets under management threshold on August 28, 2026, approximately 10 months after its launch on October 28, 2025. This makes it the first individual Solana-focused ETF to reach this milestone, even as SOL’s price stood roughly 60% below its all-time high. As of August 26, 2026, the fund held approximately 9.33 million SOL, representing more than 50% of total assets under management across all Solana ETFs currently on the market. The appeal is largely driven by its net staking reward rate of 5.80%, with approximately 96% of holdings being staked. The fund captured roughly 79% of cumulative net flows into the Solana ETF category, significantly outpacing competitors such as Grayscale’s GSOL and Fidelity’s FSOL.
Source: Read the original article
