Bitwise’s Solana ETF nears $1 billion in inflows

Bitwise’s Solana ETF nears $1 billion in inflows

BSOL accounts for about four-fifths of the US spot Solana ETFs' total inflows.

Bitwise’s Solana Staking ETF has approached $1 billion in net inflows less than 10 months after its launch.

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The fund, trading on the NYSE under the ticker BSOL, attracted $25 million on Aug. 24, bringing its cumulative inflows to $948 million, according to data tracked by Farside Investors.

That represents approximately 80% of the $1.2 billion flowing into US spot Solana ETFs overall. BSOL has outperformed competing funds managed by Fidelity and Grayscale, which have collectively drawn in over $315 million in net inflows.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitwise’s Solana ETF nears $1 billion in inflows
Bitwise’s Solana ETF nears $1 billion in inflows

BSOL accounts for about four-fifths of the US spot Solana ETFs' total inflows.

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Bitwise’s Solana Staking ETF has approached $1 billion in net inflows less than 10 months after its launch.

Advertisement

The fund, trading on the NYSE under the ticker BSOL, attracted $25 million on Aug. 24, bringing its cumulative inflows to $948 million, according to data tracked by Farside Investors.

That represents approximately 80% of the $1.2 billion flowing into US spot Solana ETFs overall. BSOL has outperformed competing funds managed by Fidelity and Grayscale, which have collectively drawn in over $315 million in net inflows.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.