Bitwise Solana Staking ETF Hits $500M AUM in 18 Days
Bitwise’s BSOL ETF, which incorporates on-chain staking, surpassed $500 million in AUM in only 18 days, according to market flows reported through Nov. 21, 2025. The milestone comes as Solana-focused ETFs have posted 18 straight days of net inflows, signalling sustained demand from exchange-traded-product investors. Bitwise is noted among the largest institutional purchasers of SOL during this run, helping concentrate buying pressure around the token.
The rapid accumulation underscores growing appetite for yield-bearing institutional products and could provide continued price support for SOL as staking rewards and ETF flows converge. For market participants, the trend highlights increasing institutional allocation to liquid crypto exposures with staking features, while raising questions about liquidity distribution and concentration risk if a small set of issuers or buyers dominate flows. Continued inflows would likely keep Solana on institutional radars through year-end.