Bitwise Solana Staking ETF (BSOL) Records Over $20 Million in Weekly Inflows
Key Takeaways
- •Bitwise's Solana Staking ETF (BSOL) recorded more than $20 million in inflows over the past week, according to CEO Hunter Horsley.
- •The fund stakes nearly all of its Solana holdings and passes the resulting network rewards through to shareholders.
- •BSOL launched in late 2025 as part of the first group of U.S.-listed spot Solana exchange-traded products, joining competing funds from Grayscale, VanEck, 21Shares, and Fidelity.
- •U.S. regulators accepted staking within spot crypto ETFs in 2025, enabling the yield-generating structure that distinguishes BSOL from pure spot holdings.
- •Horsley framed the inflows as evidence that capital markets are increasingly moving toward on-chain assets.

Bitwise Asset Management's Solana Staking ETF, which trades under the ticker BSOL, attracted more than $20 million in inflows over the past week, according to figures confirmed by the firm's chief executive officer, Hunter Horsley.
Horsley disclosed the total in a recent public update that has since been noted in market coverage, pointing to continued investor interest in the product. The inflows represent capital entering an exchange-traded fund that provides regulated exposure to Solana while incorporating staking. BSOL aims to stake the majority of its holdings and pass the associated rewards through to shareholders.
Statement from Bitwise Leadership
In his statement, Horsley reported that the Solana Staking ETF recorded over $20 million in inflows this week, framing the activity as evidence of capital markets moving toward on-chain assets, with Solana positioned as infrastructure suited to that shift.
Bitwise manages a range of cryptocurrency-focused investment products. The firm's Solana offering stands out among U.S.-listed vehicles for combining direct exposure to the digital asset with an active staking component.
Structure of the Solana Staking ETF
BSOL holds Solana tokens and seeks to stake nearly all of its assets. Staking rewards generated by the network's proof-of-stake mechanism are intended to flow through to fund shareholders — a design that differentiates the product from pure spot holdings that do not participate in network validation or yield generation. Staking within a U.S. spot crypto ETF became possible as regulators accepted the structure in 2025, extending a wrapper familiar from spot Bitcoin funds, which hold an asset secured by proof-of-work mining rather than validation rewards.
The ETF trades on a major U.S. exchange and operates under standard regulatory oversight for exchange-traded products. Custody and administrative functions are handled by established service providers, allowing investors to access Solana exposure through conventional brokerage accounts without managing private keys or staking operations directly.
Context for Solana-Linked Investment Products
Solana is a high-throughput blockchain network that supports decentralized applications and token transfers. Its native token, SOL, is used for transaction fees and staking. Demand for regulated vehicles that hold SOL has grown as institutional and retail investors seek simplified ways to gain exposure.
BSOL reached the market in late 2025 as part of the first cohort of U.S.-listed spot Solana exchange-traded products, joining competing funds from issuers such as Grayscale, VanEck, 21Shares, and Fidelity. Within that field, staking capability has emerged as a distinguishing feature alongside fee levels and liquidity.
Staking ETFs such as BSOL address a specific preference among some investors for products that capture network rewards in addition to price performance. By staking assets within the fund structure, the product aims to deliver a yield component alongside the underlying asset's market movements.
Bitwise has positioned BSOL as one of the larger offerings in the category of U.S. Solana exchange-traded products. The fund's weekly inflow figure of more than $20 million adds to its cumulative capital raised since launch.
Broader Market Activity in Digital Asset Funds
Inflows into cryptocurrency exchange-traded products reflect shifts in investor allocation preferences. Products focused on individual assets beyond Bitcoin and Ethereum have expanded the range of available options, and Solana-linked funds form part of this broader set of specialized vehicles.
The weekly total reported by Horsley provides a snapshot of recent demand for BSOL specifically. Independent flow data from market trackers often align with issuer statements on directional trends, though exact daily figures can vary based on reporting methodologies and settlement timing. Metrics that market observers commonly track alongside weekly flows include a fund's cumulative assets under management, the portion of assets actively staked, and relative flows across competing Solana products — measures that indicate how quickly the young category is absorbing capital.
Bitwise continues to operate multiple cryptocurrency investment products across different digital assets, and its leadership has periodically highlighted inflows as indicators of sustained interest in regulated access to the sector.
The more than $20 million in weekly inflows into the Bitwise Solana Staking ETF underscore ongoing capital allocation toward products that combine spot exposure with staking participation. As reported by the company's chief executive, the figure marks a notable period of activity for the fund.
Reporting by Ethan Collins for Hokanews.