Bitwise Solana Staking ETF Becomes First to Reach $1 Billion in AUM
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The Bitwise Solana Staking ETF (ticker BSOL) crossed $1 billion in assets under management, becoming the first Solana ETF to reach that level, according to The Block.The fund hit the mark less than a year after its launch, The Block reported.Among six Solana ETF products tracked by Farside, BSOL accounted for nearly four-fifths of cumulative flows, according to The Defiant.The milestone marks a fast ramp for a Solana-linked ETF product relative to other altcoin fund launches, though the sources do not provide comparative AUM figures for competing products beyond BSOL's share of tracked flows.- The Bitwise Solana Staking ETF (BSOL) crossed $1 billion in assets under management, according to The Block, making it the first Solana ETF to reach that level less than a year after its launch.
- Among the six Solana ETF products tracked by Farside, BSOL accounted for nearly four-fifths of cumulative flows, The Defiant reported.
- The milestone marks the first time a Solana-focused ETF has hit the $1 billion AUM mark, with Bitwise's fund pulling well ahead of competing products in the category.
· summary · New information from a source
Bitwise's Solana Staking ETF (BSOL) became the first Solana ETF to top $1 billion in assets, capturing nearly four-fifths of all Solana ETF inflows tracked by Farside, according to The…- Bitwise's Solana Staking ETF (BSOL) became the first Solana ETF to cross $1 billion in assets under management, less than a year after launch, according to The Block.
· headline · New information from a source
Bitwise Solana Staking ETF Becomes First to Cross $1 Billion in AUM- Bitwise Solana Staking ETF Becomes First to Reach $1 Billion in AUM
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
The Bitwise Solana Staking ETF (BSOL) crossed Bitwise Solana ETF Is First to Cross $1 Billion.
in assets under management, according to The Block, making it the first Solana ETF to reach that level less than a year after its launch.
Glassnode data cited by The Defiant showed Solana ETFs pulled in Glassnode reported $138 million of Solana ETF inflows over 10 days, while BSOL captured nearly four-fifths of cumulative flows among six products tracked by Farside.
in inflows over a 10-day span. Among the six Solana ETF products tracked by Farside, BSOL accounted for nearly four-fifths of cumulative flows, The Defiant reported.
The milestone marks the first time a Solana-focused ETF has hit the $1 billion AUM mark, with Bitwise’s fund pulling well ahead of competing products in the category.
Sources: The Defiant, The Block
This article is for information only and is not financial advice.
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