Bitwise Solana ETF becomes first to cross $1 billion

Bitwise’s Solana Staking ETF has surpassed $1 billion in assets less than ten months after its launch, becoming the first individual Solana ETF to reach the level. Summary BSOL held 9.33 million SOL worth approximately $1.018 billion as of Aug. 26. Eric Balchunas said Solana funds have retained most of their $1.7 billion in accumulated inflows. Bitwise reported that 96% of BSOL’s assets were staked, with a 5.80% net reward rate. SoSoValue tracked $1.22 billion in cumulative inflows across a narrower group of U.S. spot Solana ETFs. Bitwise Solana ETF crosses $1 billion Bloomberg senior ETF analyst Eric Balchunas said in an Aug. 27 post on X that the Bitwise Solana Staking ETF had become the first Solana ETF to exceed $1 billion in size. Balchunas placed the milestone within a Solana fund category that has attracted about $1.7 billion. According to his assessment, the products have returned very little of that capital through sustained redemptions, even though SOL suffered a steep decline during the first half of 2026. Bitwise Solana ETF just cracked the $1b mark. First one to do it. The category has seen $1.7b in cumulative flows w really no outflow stretch despite coming off a nigh...