Bitwise Solana ETF Surpasses $1 Billion in Assets Under Management, Becoming First Product to Reach Milestone
Bloomberg ETF analyst Eric Balchunas stated that the Bitwise Solana ETF’s assets under management have surpassed $1 billion, making it the first Solana ETF to reach that scale. Cumulative inflows for the category have reached $1.7 billion, and despite experiencing sluggish markets in the first half of the year, the category has largely avoided sustained outflows.