Bitwise Solana ETF management scale over $1 billion

On 29 August, 10 months after the establishment of Bitwise Solana Staking ETF (BBSOL), the size of asset management for the first time exceeded $1 billion, or more than half of the total size of the current Solana live ETF. Bitwise states that most of the Fund's inflows occurred during the encrypted bear market phase. Since September 2025, when the Solana spot ETF was listed, the cumulative volume of transactions has exceeded $13 billion, with a net inflow of about $1.7 billion and no continuing net outflows during the period. Although BSOL fell by about 40 per cent over market prices and Solana withdrew by 60 per cent over historical highs, the price of Solana has rebounded nearly 45 per cent for almost a month. The largest holder is known to be Goldman Sachs, with a hold-up of close to $9 million, and the agency consultant is a net buyer and hedge fund is a net seller for the second quarter。