Crypto asset manager Bitwise saw $69.5 million in inflows on the first day of trading for its spot Solana ETF (BSOL) — the first U.S. exchange-traded product offering direct exposure to SOL with complete staking integration.
The ETF, powered by Helius technology, enables onchain staking and management of holdings, signaling institutional demand for Solana-based investment instruments. Bitwise collaborated with Helius to boost staking performance and operational efficiency.
Although BSOL’s debut trading volume lagged behind the $1.08 billion seen during July’s spot Ether ETF launches, the milestone reflects growing confidence in Solana’s network scalability and yield potential.
By targeting full staking of its holdings, BSOL aims to blend exposure with passive yield opportunities. Bitwise’s move highlights a strategic shift toward altcoin-based ETFs in the evolving U.S. crypto investment landscape.
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