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Solana Slump, Staking Faith: Bitwise’s BSOL Draws Fresh Cash as Traders Stay Cautious

Solana Slump, Staking Faith: Bitwise’s BSOL Draws Fresh Cash as Traders Stay Cautious

Solana Staking Bets Creep Higher as Bitwise ETF Sees Fresh Inflows Despite Price Slump

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The Bitwise Solana Staking ETF, BSOL, recorded fresh net inflows of $1,707,400 on January 23, 2026, a modest but notable vote of confidence in a market still digesting Solana’s sharp pullback. The move represents roughly 0.24% of the fund’s latest assets under management, which stand at $721.0 million, underscoring steady demand rather than a wholesale repositioning.

The related asset, SOL-USD, is currently trading at $126.51, having shed about 34.5% over the past three months as speculative froth has come out of the broader altcoin complex. Short-term momentum remains fragile, with the 1-day technical signal flashing Sell, suggesting that traders are still cautious even as dedicated ETF investors continue to add exposure.

The divergence between ongoing inflows into BSOL and Solana’s recent price weakness hints at a longer-term, yield-focused thesis among institutional and retail allocators using staking products to accumulate during drawdowns. While the latest flow is small relative to overall AUM, the consistency of buying during a downturn can be a telling indicator of conviction in Solana’s role within the next leg of crypto market development.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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