Bitwise’s Solana staking ETF, BSOL, just cleared $1 billion in assets under management. That milestone highlights how quickly this Solana wrapper scaled after launching on October 28, 2025. BSOL is the first Solana-focused ETF to pass the billion-dollar mark less than a year after launch.

The structure is a key part of that story: BSOL was launched as a staking ETF, and about 96% of assets are reportedly staked for a net reward rate of roughly 5.8%. In practical terms, that gives investors listed Solana exposure through a standard brokerage account while also capturing part of the network yield.