Solana ETFs from Bitwise and Grayscale have collectively surpassed $500 million in assets under management shortly after their debut on the New York Stock Exchange. Bitwise's BSOL ETF attracted nearly $70 million in inflows on its first day, adding $130 million over the next two days to reach $420 million in its first week. Grayscale's GSOL fund, launched a day later, saw $2.2 million in inflows and exceeded $100 million in total assets, including launch capital. Both funds stake Solana holdings to generate yield, with Grayscale distributing 77% of net staking rewards to investors.
Solana ETFs Exceed $500M in AUM Following NYSE Launch
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