Bitwise’s Solana staking fund has crossed $1 billion in assets under management, making BSOL the first Solana ETF to reach the threshold, according to Glassnode.
The official fund page listed 9,332,360.79 SOL with a market value of $1.018 billion and net assets of $1.0175 billion as of Aug. 26.
In a separate measure of the market’s recent momentum, Glassnode said Solana spot ETFs drew $138 million of net inflows over 10 days, their strongest stretch on record. The data provider put the single-day high at $47 million on Tuesday.
A Farside Investors daily table lists six Solana products and shows BSOL with $1.0114 billion of cumulative net flow, against $1.284 billion for the group. That puts Bitwise at nearly 79% of the total in Farside’s coverage.
The concentration persisted in the latest completed session in Farside’s table. The six products took in $56.1 million on Aug. 27, including $40.2 million for BSOL. Grayscale’s GSOL drew $6.2 million and Fidelity’s FSOL added $5.8 million.
