The Bitwise Solana Staking ETF, known as BSOL, recorded inflows exceeding $60 million within the last two days. This capital injection pushed the fund's total assets under management to a record peak of more than $1.2 billion.
The financial product operates by holding and staking Solana tokens to produce yield for investors. Since its inception, the ETF has accumulated net inflows surpassing $1 billion, highlighting a strong appetite for Solana-based investment vehicles.
Market data indicates that the price of Solana currently hovers around $118.57, while the cryptocurrency maintains a market capitalization near $60 billion. Analysts are now watching for further inflows to assess the long-term impact on the asset's market presence.
