Important points
- The Solana ETF has over $1 billion in assets under management.
- Bitwise’s BSOL leads the Solana ETF with $732 million in assets.
According to SoSoValue, the Solana ETF has over $1 billion in assets under management, with Bitwise’s BSOL leading the way with $732 million. Total net assets are equivalent to approximately 1.4% of Solana’s market capitalization.
The Bitwise Solana Staking ETF, BSOL, tracks the performance of Solana’s native token while incorporating staking rewards. The fund holds its assets internally to maximize returns to investors.
This was followed by funds managed by Grayscale (GSOL) and Fidelity (FSOL), which currently have total net assets of approximately $167 million and $122 million, respectively. Although VanEck’s VSOL is modest in size compared to market leaders, it continues to receive steadily increasing inflows, and its total net assets now stand at approximately $28 million.
The U.S. Spot Solana ETF recorded net inflows of approximately $16 million on Monday, bringing cumulative inflows to $792 million. Trading activity remained steady, with a total of $43 million traded across Solana ETF products during the session.
Solana is a high-performance blockchain known for its transaction speed and support for decentralized applications. The launch of spot ETFs has increased institutional interest in the platform.
