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Solana ETFs exceed $1B in assets, Bitwise’s BSOL leads with $732M

Crypto Briefing
Solana ETFs have surpassed $1 billion in assets under management, led by Bitwise's BSOL with $732 million.

Summary

Solana Exchange-Traded Funds (ETFs) have collectively exceeded $1 billion in assets under management, representing about 1.4% of Solana's total market capitalization, according to SoSoValue data. The Bitwise Solana Staking ETF (BSOL) is the dominant fund, holding $732 million in assets by staking Solana's native token in-house to maximize returns. Other significant players include Grayscale's GSOL with approximately $167 million and Fidelity's FSOL with $122 million, while VanEck's VSOL holds about $28 million. These ETFs recently saw $16 million in net inflows on Monday, bringing cumulative inflows to $792 million, signaling growing institutional interest in the high-performance Solana blockchain.

(Source:Crypto Briefing)