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Solana Slides, BSOL Buys: Bitwise Staking ETF Draws Fresh Cash Despite Steep Drawdown

Solana Slides, BSOL Buys: Bitwise Staking ETF Draws Fresh Cash Despite Steep Drawdown

Solana’s staking trade may be cooling, but new money is still trickling in. Bitwise Solana Staking ETF, the BSOL, recorded $1,281,500 in fresh inflows on February 10, 2026, lifting assets under management to $481.26 million. The move represents about 0.27% of the fund’s AUM, a modest yet notable vote of confidence amid a volatile backdrop.

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The related asset, SOL-USD, is currently trading at $80.68 after a bruising three months that saw its price tumble roughly 47.67%. Short‑term sentiment remains fragile, with the 1‑day technical signal flashing Sell, underscoring the tension between tactical caution and longer‑term accumulation through vehicles like BSOL.

The latest inflow suggests some investors are using the drawdown in Solana to build positions via a staking-focused ETF structure, potentially seeking yield and upside if the network regains momentum. Yet the small size of the flow relative to AUM highlights that conviction is still tentative as traders weigh macro risks, crypto liquidity conditions, and Solana’s ability to sustain developer and user activity.

Market watchers will be eyeing whether flows into BSOL accelerate if Solana stabilizes or stages a recovery, or if persistent technical weakness prompts redemptions instead. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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