Bitwise Solana staking ETF hits $100M in daily volume as institutional appetite grows

The Bitwise Solana Staking ETF (BSOL) saw nearly $100 million in trading volume in a single day, a milestone that underscores just how much institutional and retail demand has built around yield-generating crypto products.

BSOL, which trades on NYSE Arca, isn’t just a passive SOL tracker. It stakes 100% of its holdings, meaning investors get both price exposure to Solana and staking rewards in a single regulated wrapper. That dual value proposition, combined with a rock-bottom 0.20% management fee, has clearly resonated with the market.

From launch day fireworks to sustained momentum

When BSOL debuted on October 28, 2025, it generated first-day volume between $55.4 million and roughly $69.5 million.

Assets under management told an even more compelling story. The fund launched with approximately $217 million in AUM, blew past $500 million by November 2025, and has since climbed to roughly $760 to $770 million.

Bitwise waived the 0.20% sponsor fee entirely on the first $1 billion in assets for a three-month introductory period, making the cost of entry effectively zero for early adopters.

The staking yield adds another layer. SOL staking rewards have historically averaged around 7%, representing a differentiated income stream for investors already comfortable with digital asset exposure.

Tokenization enters the picture

On August 13, 2026, Bitwise announced it would explore tokenizing BSOL shares through a partnership with Superstate. If executed, this would allow the ETF’s shares to exist on-chain, potentially expanding both liquidity and access beyond the traditional brokerage rails that ETFs typically rely on.

The Superstate partnership is still in exploratory phases.

A crowded field, but BSOL found its lane

What sets BSOL apart from a vanilla Solana ETF is the staking component. A roughly 7% annualized yield, even if variable, provides an income story that pure price-tracking products can’t match.

With AUM approaching $770 million and the $1 billion mark within striking distance, the fee waiver clock is ticking. Investors who want the zero-fee window still have a narrowing opportunity before the 0.20% fee kicks in.

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