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Bitwise Solana ETF tops $1B as SOL price rally fuels institutional interest

Market News
29 Aug 2026
UToday
View Source
Bullish
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Bitwise's Solana Staking ETF (BSOL) has surpassed $1 billion in assets under management, driven by strong institutional demand amid a recent rally in Solana's price. The ETF has seen consistent inflows for seven days, with cumulative Solana product inflows reaching about $1.26 billion, representing over 2% of SOL's market cap. This surge coincides with increased futures trading volume, suggesting leveraged positions are amplifying price moves. Additionally, Solana validators approved a proposal to accelerate disinflation, potentially reducing new SOL issuance and impacting long-term supply. Together, these factors highlight growing institutional interest and a complex outlook for SOL's price sustainability.

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