Bitwise Solana ETF AUM Surpasses $1 Billion

August 28 news, according to The Block, Bitwise Solana Staking ETF (BBSOL) has surpassed $1 billion in assets under management for the first time after 10 months since its inception, accounting for more than half of the total current Solana spot ETF scale. Bitwise stated that most of the fund's inflows occurred during the crypto bear market phase. Since the listing of Solana spot ETFs in September 2025, cumulative trading volume has exceeded $13 billion, with net inflows of approximately $1.7 billion, and no sustained net outflows during the period. Despite BSOL falling about 40% from its listing price and Solana's price retreating 60% from its all-time high, Solana's price has rebounded nearly 45% over the past month.