Bitwise’s Solana ETF Hits $1 Billion AUM Just 10 Months After Launch

Bitwise Takes Solana ETF Past $1 Billion as $SOL Rebounds 46% This Month

Bitwise’s solana staking ETF has surpassed $1 billion in assets under management, a milestone that puts $SOL alongside bitcoin and ether in the small group of cryptocurrencies with billion-dollar ETF products.

The fund, which trades under the ticker BSOL, reached the mark exactly 10 months after launch, according to Bitwise.

“The Bitwise Solana Staking ETF, BSOL, just crossed $1 billion AUM, exactly 10 months after its launch,” the asset manager said on X.

Bitwise noted that most of the roughly $1 billion in inflows arrived during a bear market, suggesting investors continued building exposure despite a difficult first half for digital assets. Across the wider category, U.S. solana ETFs now hold about $1.43 billion in assets, representing about 2.35% of $SOL’s marketcap.

Solana ETF Flows Hold Up Through Market Weakness

The market’s reaction to BSOL crossing $1 billion in assets under management was telling, with Bloomberg ETF analyst Eric Balchunas pointing to roughly $1.7 billion in cumulative flows across the entire category, with little evidence of sustained withdrawals despite the earlier downturn.

Bitwise CEO Hunter Horsley noted that bitcoin, ether and solana are currently the only three crypto assets with ETFs that have grown beyond $1 billion. That distinction matters because ETF scale can deepen liquidity, attract larger institutional allocators and make an asset easier to access through conventional brokerage accounts.