Bitwise Solana ETF surpasses $1 billion in assets

Bitwise’s Solana staking fund has exceeded $1 billion in assets under management, becoming the first Solana‑focused exchange‑traded fund to reach that level, according to data from Glassnode.

Fund size and composition

The official fund page shows a holding of 9,332,360.79 SOL, valued at $1.018 billion, with net assets of $1.0175 billion as of August 26.

Recent inflows

Glassnode noted that Solana spot ETFs attracted $138 million of net inflows over a ten‑day period, marking the strongest inflow stretch on record. The single‑day peak was $47 million on a Tuesday.

Market share among Solana products

Farside Investors tracks six Solana‑related products. BSOL accounted for $1.0114 billion of cumulative net flow, representing roughly 79 % of the total $1.284 billion across the group.

On the most recent completed session, the six products together received $56.1 million in inflows, with BSOL contributing $40.2 million. Grayscale’s GSOL added $6.2 million and Fidelity’s FSOL added $5.8 million.

Staking strategy

BSOL combines direct SOL exposure with staking. The fund began trading on October 28, 2025, and is designed to stake its SOL holdings. As of August 26, 96 % of its assets were staked, delivering a net staking reward rate of 5.80 % against a target of 100 % staking.