Solana ETFs Surpass $1 Billion in Assets Under Management
- Solana ETFs have exceeded $1 billion in assets under management.
- Bitwise’s BSOL leads with $732 million, incorporating staking rewards.
- Grayscale’s GSOL and Fidelity’s FSOL hold $167 million and $122 million, respectively.
- VanEck’s VSOL shows steady growth with net assets reaching approximately $28 million.
- The US spot Solana ETFs recorded around $16 million in net inflows on Monday, with total trading value at $43 million.
The launch of spot Solana ETFs has driven institutional interest, with Bitwise’s BSOL leading the market. Total assets under management for Solana ETFs now represent about 1.4% of Solana’s market capitalization.
Source (3.2)https://cryptobriefing.com/solana-etfs-exceed-1b-assets-bitwises-bsol-leads-681m/?rand=59535
