Solana ETF Surges with $69.5M Inflows

Bitwise Launches First US Spot Solana ETF with $69.5M Inflows

• Bitwise Asset Management introduced the first US spot Solana ETF, named BSOL, focusing on staking through Helius technology.
• The fund recorded $69.5 million in inflows on its first trading day.
• BSOL offers full direct exposure to spot SOL while targeting complete staking of its holdings.
• The ETF competes with SSK, another spot Solana ETF launched earlier for Solana exposure.
• This launch marks a significant development for Solana’s high-performance blockchain network known for its staking rewards and ecosystem adoption.

Bitwise Asset Management’s launch of the BSOL ETF, focusing on staking through Helius-powered solutions, attracted $69.5 million in first-day inflows, marking a pivotal moment for the Solana blockchain network.