Staking Solana, Shaky Solana: Bitwise’s BSOL Attracts Fresh Cash as Token Slides

Staking Solana, Shaky Solana: Bitwise’s BSOL Attracts Fresh Cash as Token Slides

The Bitwise Solana Staking ETF, BSOL, drew a fresh $2,808,750 in net inflows on January 16, 2026, even as its underlying token remains under pressure. The latest flow represents roughly 0.36% of the fund’s $788,884,250 in assets under management, a modest but notable vote of confidence in a vehicle tied to one of the more volatile large-cap blockchains.

The move suggests that investors are selectively adding exposure to Solana’s staking ecosystem via a regulated wrapper, despite recent price weakness in the token itself. Flows of this scale are unlikely to shift the fund’s trajectory on their own, but they underscore ongoing institutional interest in yield-generating crypto strategies, even in choppy markets.

The related asset, SOL-USD, is currently trading at $133.58, down about 24.46% over the past three months. That drawdown highlights how sharply sentiment has turned since Solana’s most recent peak, as traders reassess risk across high-beta altcoins and rotate toward more defensive holdings.

Technically, Solana’s near-term outlook remains fragile: the 1-day signal is flashing a bearish Strong Sell, indicating that momentum and trend indicators are still skewed to the downside. For ETF buyers, that combination of negative price action and fresh inflows suggests a bifurcated market—short-term traders exiting while longer-horizon investors lean into the weakness via BSOL, potentially seeking both recovery upside and staking-linked returns when conditions stabilize.

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