Bitwise’s Solana Staking ETF BSOL Surpasses $1B in Assets Under Management

BitcoinWorld Bitwise’s Solana Staking ETF BSOL Surpasses $1B in Assets Under Management Bitwise’s Solana staking exchange-traded fund (ETF), BSOL, has crossed the $1 billion mark in assets under management (AUM) less than a year after its launch, according to a report by U.Today.

The fund also recorded over $126 million in trading volume on Friday, setting a new single-day high.

Rapid Growth and Market Context BSOL’s ascent to $1 billion in AUM underscores a growing institutional appetite for regulated digital asset products that offer yield-generating mechanisms.

The ETF, which allows investors to gain exposure to Solana while earning staking rewards, has benefited from a broader rally in cryptocurrency markets and increasing acceptance of staking-based financial products.