Solana ETF Hits $1 Billion, Institutional Attention Accelerates

Bitwise's Solana Staking ETF (BSOL) has reached $1 billion in assets under management, a milestone achieved less than a year after its launch. The achievement reflects growing demand for Solana exposure among institutional and retail investors.

The fund saw over $126 million in trading volume on Friday, its strongest single-day performance to date. Total volume exceeded $500 million over the previous seven trading sessions. BSOL recorded inflows for seven consecutive trading days.

Total inflows to Solana ETFs have reached approximately $1.26 billion, representing around 2.2% of SOL's total market capitalization. This rapid pace of capital allocation underscores a notable shift in institutional attention toward Solana, beyond the dominant Bitcoin and Ethereum products.