Bitwise Solana ETF Hits $1B AUM in Just 10 Months After Launch

Bitwise’s Solana Staking ETF (BSOL) has reached $1 billion in property below administration simply 10 months after it launched as traders proceed to pour into the fund regardless of a tricky interval for the crypto market.

In a Friday publish on X, Bitwise stated many of the cash that flowed into BSOL got here throughout a bear market. 

For Bitwise, the milestone is essential as a result of traders stored shopping for into the fund even whereas Solana and the broader crypto market have been going by means of a troublesome interval. 

The crypto asset supervisor referred to as the robust inflows “a powerful indication of investor conviction.” Bitwise additionally thanked traders for trusting the corporate with their cash.

“Grateful to traders for trusting Bitwise to steward their funding … .Capital markets are coming onchain, and Solana’s simply getting began. “ it stated. 

BSOL reaches $1 billion regardless of losses 

BSOL is reaching the $1 billion mark despite the fact that its personal share value has fallen sharply since launch. 

Bitwise President Teddy Fusaro said the ETF is about 40% beneath the value at which it was first listed. This implies the expansion within the fund’s property has not merely come from Solana’s value rising. Buyers have continued placing cash into the ETF whereas its market value has confronted strain. 

Solana itself has additionally had a troublesome run. The SOL token continues to be about 60% beneath its all-time excessive. Nonetheless, the token has lately began to get well. Solana’s value has climbed practically 45% over the previous month as the broader crypto market started to enhance, in keeping with information from CoinMarketCap.

On the time of writing, the SOL is buying and selling for $103, after practically reaching $110 this week. 

Solana ETFs appeal to extra exercise 

The restoration can also be occurring alongside rising exercise in Solana ETFs. Spot Solana ETFs have recorded greater than $13 billion in complete web property since they launched in September 2025, in keeping with information from SosoValue. This reveals that traders have been actively buying and selling these merchandise since they entered the market. 

Cash has additionally continued to maneuver into the broader Solana ETF group. The class has recorded about $1.7 billion in complete flows, in keeping with Bloomberg Senior ETF analyst Eric Balchunas. He identified that there was no lengthy interval of cash leaving the merchandise, even after a really troublesome first half of the yr.

“The class has seen $1.7b in cumulative flows w actually no outflow stretch regardless of coming off a nightmare downturn first half of yr. Spectacular,” Balchunas wrote on X.

The latest enchancment within the crypto market has given Solana one other enhance. Bitcoin has moved towards $80,000 for the first time in months, whereas the broader market has began to get well from its earlier losses. 

Massive monetary companies are shopping for Solana 

On the identical time, extra giant monetary firms are making it simpler for traders to entry Solana.

Charles Schwab, which manages about $12 trillion in property, stated this week that it plans to begin offering spot Solana trading within the coming months. The transfer provides to the rising curiosity from conventional monetary companies within the Solana market.

Giant traders are additionally taking positions in Solana ETFs. Goldman Sachs is the largest identified holder of spot Solana ETFs, with practically $90 million in holdings. Bloomberg Intelligence analyst James Seyffart said monetary advisors have been robust consumers in the course of the second quarter, whereas hedge funds have been web sellers.

BSOL launched in October 2025 as a Solana-focused ETF, giving traders a option to acquire publicity to SOL by means of a fund as an alternative of shopping for the token immediately. In simply 10 months, the fund has grown to $1 billion in property, even with Solana nonetheless properly beneath its earlier excessive.

Additionally Learn: Bitcoin Posted Its Biggest Weekly Gain Ever Last Week

Disclaimer: The data researched and reported by The Crypto Instances is for informational functions solely and isn’t an alternative to skilled monetary recommendation. Investing in crypto property entails vital danger because of market volatility. All the time Do Your Personal Analysis (DYOR) and seek the advice of with a certified Monetary Advisor earlier than making any funding selections.