Solana Staking ETF BSOL Hits Record $108M Daily Volume

Bitwise's Solana staking ETF BSOL has reached its highest daily trading volume to date, hitting $108 million. This milestone comes as institutional interest in Solana-based investment products continues to grow.

The surge in activity is likely driven by a combination of factors, including rising confidence in Solana's network stability and the appeal of staking yields in a low-yield environment.

BSOL allows investors to gain exposure to Solana while earning staking rewards through a regulated, exchange-traded vehicle. The fund has seen significant trading activity over the past four sessions, with volumes surpassing $261 million.