Bitwise Staked SOL ETF Surges Out of the Gate With $223M Debut
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Bitwise’s staked Solana ETF made a splash in October, launching with nearly $223 million in assets on day one—about half the value of the long-running REX-Osprey ETF. The strong demand highlighted investor interest in yield-bearing Solana products, even as SOL’s market price continued trending downward. Analysts say the inflows show Solana staking ETFs are bucking broader crypto ETF outflow trends.
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A $223M debut for a staked SOL ETF is a powerful start for the product.