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Bitcoin.com News 18h ago

Bitwise Solana Staking ETF Surpasses $1 Billion AUM Milestone

Bitwise's Solana staking ETF has crossed $1 billion in assets under management in just 10 months, joining Bitcoin and Ethereum in the tier.

Bitwise Solana Staking ETF Surpasses $1 Billion AUM Milestone

Bitwise Asset Management announced that its Solana staking exchange-traded fund has crossed $1 billion in assets under management (AUM). The fund achieved the ten-figure benchmark within just 10 months of launching on secondary markets.

With this milestone, Solana becomes one of only three crypto assets alongside Bitcoin and Ethereum to underpin an ETF product exceeding the $1 billion mark. The influx reflects growing institutional demand for yield-bearing staking investment vehicles.

The fund's rapid growth coincides with broader strength in SOL spot prices, highlighting sustained institutional capital deployment into top-tier Layer-1 ecosystems beyond legacy market leaders.

Key takeaways

  • Bitwise's Solana staking ETF exceeded $1 billion in AUM in 10 months.
  • Solana joins Bitcoin and Ethereum as the only assets with billion-dollar ETFs.
  • Institutional interest in staking-enabled digital asset products continues to climb.
Source: Bitcoin.com News