Bitwise Asset Management's Solana Staking ETF (BSOL) has achieved $500 million in assets under management (AUM) within just 18 days of its launch. This rapid accumulation underscores significant institutional interest in Solana as a yield-bearing asset. Bitwise CEO Hunter Horsley highlighted this milestone as a testament to investor confidence in both the Solana ecosystem and the broader adoption of cryptocurrency. To further encourage institutional participation, Bitwise is waiving fees for the first $1 billion in AUM, potentially boosting demand for SOL and increasing staking activity.