Solana staking just saw a sharp vote of no confidence. The Bitwise Solana Staking ETF, BSOL, recorded outflows of $6.17 million on March 31, 2026, trimming its assets under management to about $567.8 million. The redemption equals roughly 1.09% of the fund’s AUM, a sizeable one-day pullback for a single-asset crypto vehicle.
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The related asset, SOL-USD, is trading near $83.38 after a bruising quarter that saw the token lose roughly 34.8% over the past three months. Short-term momentum remains negative, with the one-day technical signal flashing Sell, underscoring waning risk appetite around Solana-linked products.
The latest outflow suggests investors are growing cautious on Solana’s near-term prospects, potentially locking in gains from earlier rallies or reallocating toward more diversified crypto exposure. Still, with BSOL retaining more than half a billion dollars in AUM, institutional interest in staking-based Solana exposure remains intact despite mounting volatility.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.