Solana’s staking trade just flinched. Bitwise’s Bitwise Solana Staking ETF, BSOL, recorded outflows of $6.17 million on March 31, 2026, trimming its assets under management to about $570.6 million. The latest redemption wave represents roughly 1.08% of the fund’s AUM, a notable pullback for a single day in an otherwise fast-growing corner of crypto ETFs.
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The investor retreat comes as Solana itself endures a bruising quarter. The related asset, SOL-USD, is trading near $79.23, down about 40.54% over the past three months, and flashing a short-term bearish tone with a 1-day technical signal of Sell. That combination of price pressure and negative momentum appears to be feeding directly into ETF flows.
While a 1% AUM swing will not destabilize BSOL’s footprint, it underscores how sentiment around Solana has cooled after its earlier breakneck rally. For now, risk-off positioning and tactical profit-taking seem to be outweighing longer-term staking narratives, leaving Solana-linked vehicles to test the resolve of crypto ETF investors. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.