Bitwise Solana Staking ETF ($BSOL) Surpasses $40 Million in Trading Volume on Debut

The Bitwise Solana Staking ETF ($BSOL) has seen remarkable trading activity, exceeding $40,000,000 within approximately three and a half hours of its market debut. This significant volume underscores strong investor interest in the first fully spot Solana ETF in the U.S. that incorporates staking.

Hunter Horsley, CEO of Bitwise Asset Management, highlighted the product's impact, stating, "ETFs open the bridge to crypto for trillions of investors." He expressed enthusiasm that investors can now access not only Solana but also staking yield via $BSOL, noting that the fund has already attracted wealth management clients, institutions, and retirement accounts.

Launched on NYSE Arca on October 28, 2025, the Bitwise Solana Staking ETF (BSOL) offers investors direct exposure to Solana (SOL) while staking 100% of its holdings. This strategy aims to generate an approximate 7% yield from the Solana network, with rewards reinvested directly into the fund to compound growth rather than being distributed as cash. Bitwise has set a competitive management fee of 0.20%, which is waived for the first three months or until the fund reaches $1 billion in assets under management.

The fund's strong performance on its debut, with $69.5 million in inflows, has surpassed that of rival products like the REX-Osprey Solana Staking ETF ($SSK). Industry analysts note that the inclusion of staking yield within an ETF structure is a "missing part of the puzzle" for traditional finance investors, providing a dividend-like income component previously unavailable in most crypto investment vehicles. This development is seen as a major step in making crypto investments more accessible and appealing to a broader institutional audience.

The introduction of BSOL follows recent regulatory shifts in the U.S. that have paved the way for more diverse crypto exchange-traded products. Experts believe this successful launch could signal a broader trend, potentially opening doors for other staking-enabled ETFs tied to proof-of-stake protocols, further integrating digital assets into mainstream investment portfolios.