Bitwise Solana Staking ETF Surpasses $580 Million in Inflows Amid Sustained Institutional Demand

Bitwise Asset Management's Solana Staking ETF (BSOL) has attracted over $580 million in cumulative inflows since its launch, with daily inflows consistently observed over the past three weeks. The latest figures were shared by Hunter Horsley, CEO of Bitwise, highlighting a recent single-day inflow of approximately $8 million into the product. This sustained investor interest signals a growing institutional appetite for Solana-based investment vehicles, even as the underlying asset experiences price fluctuations.

The Bitwise Solana Staking ETF, which began trading on October 28, 2025, was the first U.S. exchange-traded product to offer 100% direct exposure to Solana (SOL) combined with staking rewards. Bitwise strategically launched BSOL using an expedited regulatory pathway, granting it a significant first-mover advantage in the burgeoning market for single-asset crypto ETPs. The fund aims to stake 100% of its Solana holdings, offering investors an estimated annual yield of around 7%.

Horsley emphasized the perspective of institutional investors, stating, > "Prices are in the eye of the beholder. ETF investors continue to buy the dip." He further elaborated that continuous inflows into BSOL, even during periods of Solana price decline, suggest that new investors are leveraging lower prices to establish positions, viewing it as an opportunity for a better cost basis. This sentiment indicates a strategic accumulation by institutional players.

The success of BSOL has prompted a flurry of activity among competitors, with firms like Grayscale, VanEck, and Fidelity either converting existing funds or launching their own Solana ETPs. JPMorgan has projected that "altcoin" ETFs could attract $14 billion in their first six months, with $6 billion potentially flowing into Solana products alone. This competitive landscape underscores the increasing mainstream acceptance and institutional validation of Solana as a key digital asset.

As of early November 2025, Bitwise's Solana Staking ETF had reported net assets under management (AUM) nearing $478.5 million, a figure that has since grown significantly to surpass $580 million according to the latest update. The product's ability to provide both direct exposure to SOL and staking yields within a regulated framework appears to be a compelling factor for investors seeking diversified crypto exposure.