Bitwise's BSOL Hits $1 Billion in Assets Amid Crypto Recovery

Bitwise Asset Management has announced that its Solana Staking ETF (BSOL) has surpassed $1 billion in assets under management, a milestone achieved just over 10 months after its launch. The achievement comes despite a difficult backdrop for crypto assets this year.

The firm noted that the majority of inflows have come during a bear market, which it describes as 'an impressive indication of investor conviction.'

BSOL shares are currently trading at around 40% below their initial listing price, while Solana (SOL) is down approximately 60% from its all-time high.

Cumulative trading volume for spot Solana ETFs has surpassed $13 billion since their launch in September 2025.