Bitwise Solana staking ETF pulls in $20M this week as institutional appetite grows

The Bitwise Solana Staking ETF (BSOL) hauled in $20 million in inflows this week, adding fuel to what’s been a quietly impressive run for the first US exchange-traded product offering direct spot exposure to SOL with built-in staking rewards. For a product that only launched in late October 2025, BSOL has accumulated roughly $730 million in net assets by mid-August 2026. A staking ETF that actually stakes BSOL’s differentiator isn’t just that it holds SOL. It’s that it aims to stake virtually 100% of its assets, passing staking rewards through to shareholders. The current gross staking yield sits around 6.20%, or about 5.83% after fees. The ETF charges a management fee of just 0.20%, and Bitwise has waived even that for the first $1 billion in assets during the launch period. At $730 million in net assets, that fee waiver runway is shrinking. By mid-August, BSOL held approximately 8.36 million SOL tokens. The custody arrangement runs through Coinbase Custody, with Bank of New York Mellon serving as administrator and KPMG handling audit duties. Weekly flows tell the bigger story This week’s $20 million haul builds on a pattern of strengthening demand. Data from SoSoValue pegged the ...