Bitwise’s Solana spot ETF hits $500 million AUM milestone

Institutional interest in Solana continues to show in the traction that spot exchange-traded funds tracking SOL, and none more so than Bitwise Asset Management’s Solana Staking ETF (BSOL).

On Friday, Bitwise announced that its BSOL ETF, launched amid massive crypto anticipation in late October 2025, has attracted over $500 million in assets under management.

Combined with an 18-day streak of net inflows, this milestone points to bullish dynamics around the world’s cryptocurrency project by market cap.

Remove Tether USDT and Circle’s USDC, and Solana’s current $72.6 billion market cap puts it fifth among the largest coins – behind BNB, XRP, Ethereum, and Bitcoin.

That’s even after SOL price fell to lows of $125 as cryptocurrencies tanked.

Bitwise Solana ETF BSOL hits $500 million net assets

It’s been less than a month since Bitwise launched its Solana Staking ETF, ticker BSOL.

While assets under management pale in comparison to what Bitcoin and Ethereum achieved over the same period, it has hit a significant milestone.

Since its debut on October 28, 2025, BSOL has netted consecutive inflows and, more notably, the ETF has now surpassed the $500 million mark in terms of assets under management.

The fund, which provides investors with spot exposure to Solana (SOL) while generating staking rewards, generated considerable buzz.

On launch day, the ETF attracted over $69.45 million in net inflows, marking one of the strongest debuts in the spot ETF market.

Solana’s price rallied amid the inflows, and optimism has continued with Nov. 21 marking an 18-day streak of net inflows.

Meanwhile, steady accumulation has pushed AUM to over $500 million.

“We are truly in awe of the speed and scale of BSOL’s growth,” said Bitwise chief executive officer Hunter Horsley.

Crypto is becoming a mainstream asset class. BSOL hitting half a billion dollars in AUM this quickly is a clear testament to investors’ belief in the Solana ecosystem as a cornerstone of the future of the crypto industry.