Bitwise Solana Staking ETF Draws Fresh Cash as Traders Look Past Solana’s Slump
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The Bitwise Solana Staking ETF, BSOL, logged new inflows of $3,441,500 on February 3, 2026, a move that nudged its assets under management to $581.2 million. The latest subscription represents roughly 0.59% of the fund’s AUM, a modest but notable vote of confidence given recent volatility in Solana-linked markets.
The related asset, SOL-USD, is currently trading at $97.04 and has shed about 36.3% over the past three months, underscoring the depth of the recent pullback. Despite this drawdown, some investors appear to be using the setback as an entry point into BSOL’s staking-focused exposure, even as the short-term trading picture remains fragile, with the 1-day technical signal flashing Sell.
The juxtaposition of fresh inflows into BSOL against a sharply lower Solana price suggests that a segment of the market is positioning for a longer-term recovery in the network’s activity and staking yields, rather than trading on near-term momentum. Still, with technical indicators tilted bearish and macro risk appetite uneven, the ETF’s recent inflow may be best read as cautious accumulation rather than a wholesale shift in sentiment.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.