Bitwise Solana ETF Sees Massive Inflows Wiped Out By Market Losses

The Bitwise Solana ETF recorded $267.1 million in net inflows from share transactions in the first half of 2026, but market losses erased all gains by the end of June.

Despite this, the fund's net assets stood at $592.3 million, a decrease of around $49.0 million from December.

The majority of operational damage came from mark-to-market losses, with $262.9 million in unrealized depreciation and $70.9 million in realized losses on its Solana holdings.