Bitwise Solana Staking ETF Hits Billion-Dollar Mark Amid Crypto Market Volatility

The Bitwise Solana Staking ETF (NYSE:BSOL) has reached $1 billion in assets, making it the first Solana ETF to break into the billion-dollar club. This milestone comes as the U.S. Solana ETF market shows resilience, with investors continuing to add money despite a difficult first half for the cryptocurrency.

According to Bloomberg's Eric Balchunas, cumulative inflows for the Solana ETF category have reached approximately $1.72 billion as of August 25, up sharply from about $410 million in October 2025. The Bitwise Solana Staking ETF has seen significant demand, with investors attracted to its structure and net staking reward rate.

The fund provides direct SOL exposure while staking its holdings, with a 5.80% net staking reward rate. Its net assets stood at approximately $1.02 billion. The persistence of inflows is particularly notable, as the category has seen 'really no outflow stretch' even after Solana endured a sharp downturn this year.