BITWISE SOLANA ETF HITS $1B AUM

Summary from the TLDR Crypto newsletter

The Bitwise Solana Staking ETF (BSOL) crossed $1B AUM 10 months after launch, more than half of all Solana ETF assets, despite trading ~40% below its listing price as SOL sits 60% off its all-time high. Cumulative spot Solana ETF volume has topped $13B since September 2025 with $1.7B in net inflows and no real outflow stretch. This comes alongside growing institutional access as Charles Schwab plans to add spot Solana trading, and Goldman Sachs is currently the largest known holder of spot Solana ETFs (~$90M).