- BSOL became the first individual U.S. Solana ETF to exceed $1 billion in AUM.
- The fund held 9.33 million SOL, with 96% staked and a 5.80% net reward rate.
- Goldman Sachs held $88.1 million across three U.S. Solana ETF products.
The Bitwise Solana ETF crossed $1 billion in assets under management within ten months of launching in October 2025. It became the first individual U.S.-listed Solana fund to reach that mark, according to Bitwise.
Official data placed net assets at $1.0175 billion on August 26. SOL had gained nearly 45% over the prior month. However, BSOL shares remained about 40% below their listing price.
Bitwise Solana ETF Holds 9.33 Million SOL in Trust
The Bitwise Solana ETF held 9.33 million SOL with a market value near $1.018 billion. Its net asset value was $14.95 per share, while the market price closed at $15.03.
Bitwise reported that 96% of fund assets were staked through its Helius-powered program. The Solana staking ETF posted a 5.80% net reward rate, measured over 90 days.
Staking rewards accrue in SOL and stay inside the portfolio instead of creating separate cash distributions. Those rewards can add tokens backing each share, although rates vary and are not guaranteed.
Investors also contributed $267.1 million in net subscriptions during the first half of 2026. Share issuance lifted holdings from 5.15 million SOL to 8.05 million SOL by June 30.
Falling token prices still reduced net assets during that period. The later milestone reflected new capital and SOL price appreciation. AUM and cumulative inflows measure different figures and should not be treated as interchangeable.
Bitwise Solana ETF Leads Demand During SOL Recovery
The broader category accumulated about $1.7 billion in flows and more than $13 billion in trading volume. Reported data showed no prolonged redemption stretch after a difficult first half.
The Bitwise Solana ETF captured about 79% of cumulative category flows. Ten-day subscriptions across U.S. products reached $138 million before the milestone.
Goldman Sachs held $88.1 million across Bitwise, Grayscale and Fidelity products at June 30. That disclosure made the bank the largest known institutional holder of spot Solana ETFs.
Meanwhile, advisers were net buyers during the second quarter, while hedge funds were net sellers. The fund charges a 0.20% management fee and targets full deployment of eligible assets for staking.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
