Bitwise Surges to Fifth-Largest Solana Validator After $1B BSOL ETF Milestone

Bitwise has recorded significant growth in its Solana staking operations, with net inflows of 1.27 million SOL in August pushing it to become the fifth-largest validator on the network.

The influx of SOL tokens was largely driven by the success of Bitwise's BSOL ETF, which crossed $1 billion in assets under management by late August and has captured around 77-80% of all US spot Solana ETF inflows since its launch in October 2025.

Bitwise acquired Chorus One in February 2026, bringing established infrastructure and operational expertise to expand its staking operations across multiple blockchain networks.