Bitwise's Solana Staking ETF Surpasses $20 Million in Inflows

Bitwise's Solana Staking ETF has seen significant inflows, surpassing $20 million in cumulative investment. This milestone highlights growing institutional interest in regulated exposure to Solana (SOL). The fund, BSOL, trades on the NYSE and offers a unique structure that layers staking rewards on top of price exposure.

The product has already established itself as a standout in the young Solana ETF category. It recorded a record $69.5 million in single-day inflows earlier in its run and led Solana ETFs with approximately $106 million in May. BSOL has also crossed the $500 million milestone in assets under management, signaling that it has moved beyond its initial launch phase.

The $20 million figure arrives amid a broader reawakening in digital asset markets. Bitcoin staged one of its strongest weekly advances since 2024, surging more than $15,000 in under 48 hours to approach $80,000 before sellers rejected the breakout. However, warning signs have begun to flash, including a whale selling 7,700 BTC worth $576.6 million over three days.