Staking Appetite Holds Steady: Bitwise Solana ETF Sees Fresh Inflows Despite Token Slump
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Bitwise Solana Staking ETF, BSOL, logged fresh net inflows of $1,707,400 on January 23, 2026, a modest but notable vote of confidence equal to about 0.24% of its $721.0 million in assets under management. While the move is small in percentage terms, it underscores continued institutional interest in Solana staking strategies even as the underlying token has been under pressure.
The related asset, SOL-USD, is currently trading around $126.91, having shed roughly 34.1% over the past three months. That drawdown reflects a broader risk-off tone in high-beta crypto assets and specific concerns around network congestion and competition from rival smart-contract platforms. Near term, technicals remain unfriendly: the 1-day trading setup is flashing a cautious Sell signal.
For BSOL, the combination of negative price momentum in Solana and steady inflows suggests investors are leaning into the volatility with a longer time horizon, using the ETF structure to gain diversified, professionally managed exposure to Solana’s staking yields. If Solana stabilizes or stages a rebound, today’s incremental additions could position BSOL holders to benefit disproportionately, but the persistent sell signal and recent drawdown highlight that risk appetite, not defensiveness, is driving allocations.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.