Bitwise's Solana Staking ETF Tops $100M in Daily Trading as AUM Nears $770M

Bitwise's Solana Staking ETF (BSOL) posted close to $100 million in single-day trading volume, highlighting growing demand for regulated crypto products that pair price exposure with yield. Listed on NYSE Arca, BSOL is structured to stake 100% of its Solana holdings, giving investors both SOL price participation and staking rewards through an ETF wrapper. The fund also charges a 0.20% management fee. BSOL's early trading was strong. After launching on October 28, 2025, it recorded first-day volume estimated between $55.4 million and about $69.5 million. Asset growth has been even more notable: the ETF began with roughly $217 million in assets under management, crossed $500 million by November 2025, and has since climbed to about $760–$770 million. To accelerate adoption, Bitwise waived the 0.20% sponsor fee on the first $1 billion of assets for a three-month introductory period, effectively making the product free for early investors during that window. Staking rewards add a second return stream; historically, SOL staking has averaged around 7%, though yields can vary. Bitwise is also looking at tokenization. On August 13, 2026, the firm said it would explore tokenizing BSOL shares through a partnership with Superstate. The initiative remains in an exploratory stage, but could potentially enable on-chain ETF shares and broaden liquidity and access beyond traditional brokerage channels. In a crowded Solana-linked ETF landscape, the staking feature has helped BSOL differentiate itself. With AUM approaching $770 million and the $1 billion threshold within reach, the fee-waiver period is moving closer to its limit before the 0.20% fee takes effect.