Solana Stumble: Bitwise’s BSOL ETF Faces $10 Million in Outflows as Token Slumps

Solana Sentiment Sours as Bitwise Staking ETF Sees Fresh Outflows

The Bitwise Solana Staking ETF, BSOL, recorded a notable daily outflow of $10.12 million on February 2, 2026, trimming investor exposure to the Solana ecosystem just as the token struggles to regain momentum. Despite the redemption, the fund still manages $653.7 million in assets under management (AUM), with the latest move representing roughly 1.55% of its total capital base.

The related asset, SOL-USD, is currently trading around $103.06, extending a challenging quarter in which it has dropped about 40.39% over the past three months. Technically, short-term momentum remains under pressure, with a 1-day signal flashing Sell, underscoring traders’ cautious stance toward the token and, by extension, Solana-linked products.

The combination of weak recent price performance and a negative near-term technical setup appears to be feeding into ETF sentiment, as some investors lock in gains from Solana’s earlier rally or seek shelter from volatility in high-beta crypto assets. Still, BSOL’s sizable remaining AUM suggests that a core cohort of investors is maintaining long-term exposure to Solana’s staking and network growth story, even as shorter-term money rotates out.

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