Bitwise’s spot Solana ETF sees $69.5M first-day inflows
Summary
Bitwise Asset Management launched its spot Solana Staking ETF (BSOL), the first US exchange-traded product offering direct exposure to spot SOL with full staking of its holdings using Helius-powered technology. The fund experienced significant initial success, recording $69.5 million in inflows on its debut trading day. This launch positions BSOL to compete with other spot Solana ETFs, like SSK, and underscores Solana's increasing relevance in mainstream finance due to its staking rewards and ecosystem growth.
(Source:Crypto Briefing)