Solana’s staking trade just hit a pocket of turbulence. The Bitwise Solana Staking ETF, BSOL, recorded outflows of $6.17 million on March 31, 2026, trimming its assets under management to about $564.7 million. The latest redemption wave represents roughly 1.1% of AUM, a meaningful bite for a niche single-asset crypto strategy.
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The retreat in BSOL comes as its underlying token continues to struggle after a hot run in 2025. The related asset, SOL-USD, is changing hands at $84.66, down about 42.3% over the past three months. Despite the drawdown, its one-day technical profile is flashing a cautious Hold, underscoring a market caught between dip-buying interest and lingering risk aversion.
The combination of sustained price pressure in SOL and modest but notable ETF redemptions suggests that some investors are locking in earlier gains or de-risking ahead of further volatility. Yet BSOL’s overall AUM base remains sizable, implying that core holders are still committed to Solana’s long-term staking and infrastructure story. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.