Solana Staking ETF Sees Modest Pullback Amid Bullish Momentum
The Bitwise Solana Staking ETF (BSOL) experienced a slowdown in growth as its assets under management decreased by $1.37 million on September 11, 2026, bringing its total to around $952.7 million.
This modest pullback represents about 0.14% of the fund's assets under management, suggesting that investors may be taking profits rather than abandoning Solana altogether.
Solana's native token (SOL-USD) has been on a tear, rising by around 47.5% over the past three months and currently trading at $99.85. Despite this latest setback for BSOL, technical indicators remain firmly bullish, indicating that momentum is still strong.
Market participants attribute the decline in BSOL to tactical de-risking as SOL approaches the psychologically significant $100 mark. With staking yields and on-chain activity remaining supportive, it appears that Solana's comeback story is far from over.