Bitwise’s Solana Staking ETF, trading under the ticker BSOL, surpassed $1 billion in assets under management on August 28, 2026, roughly 10 months after it began trading on October 28, 2025. That makes it the first individual Solana-focused ETF to hit the milestone, and it did so during a period when SOL’s price was roughly 60% below its all-time high.

BSOL’s dominance by the numbers

The fund held approximately 9.33 million SOL as of August 26, 2026, valued at around $1.018 billion. That stash represents more than 50% of the total assets under management across all Solana-focused ETFs currently on the market.

BSOL captured roughly 79% of cumulative net flows into Solana ETF products. Competitors like Grayscale’s GSOL and Fidelity’s FSOL exist, but they’re eating BSOL’s dust by a wide margin.

Cumulative trading volume across the entire spot Solana ETF category has exceeded $13 billion since the products launched in late 2025.