# Bitwise Solana ETF Hits $1 Billion

> Bitwise's Solana ETF reached $1 billion in assets after a volatile start.
- Title: Bitwise Solana ETF Hits $1 Billion · Startup Fortune
- Summary: Bitwise's Solana ETF reached $1 billion in assets after a volatile start. Bitwise's Solana Staking ETF (BSOL) crossed $1 billion in assets under management…
- Keywords: bitwise, solana, solana staking etf, bsol, solana etf, solana token, sola price, crypto etf, dogecoin etf, litecoin etf, hbar etf, goldman sachs
- Source: Startup Fortune — https://startupfortune.com/bitwises-solana-etf-hit-1-billion-a-year-after-its-wild-debut
- Published: 2026-10-28T20:56:22+00:00
- Read time: 1 min
- Topics: bitwise, solana, solana staking etf, bsol, solana etf, solana token, sola price, crypto etf, dogecoin etf, litecoin etf, hbar etf, goldman sachs
## Solana ETF Launch
Bitwise's Solana Staking ETF (BSOL) started trading on NYSE Arca on October 28, 2025, pulling in $69.5 million on its first day.
## First Year Milestone
BSOL crossed $1 billion in assets under management on August 28, 2026, becoming the first Solana ETF to reach that mark.
## SOL Price Drop
SOL has fallen roughly 60% from its all-time high over the same stretch, erasing investor gains.
## Investor Losses
Investors poured $267 million into BSOL in the first half of 2026 but lost $316 million due to SOL's price drop.
## Dogecoin ETF Closure
Bitwise shut down its Dogecoin ETF (BWOW) by September 2026 after holding only $688,000 in Dogecoin.
## Goldman Sachs Trading
Goldman Sachs built a $107 million Solana ETF position by Q1 2026, then liquidated it entirely by Q2 2026.
## Litecoin ETF Survival
Canary's Litecoin ETF (LTCC) held roughly $14 million in assets as of September 2026, surviving the year.
## Key takeaway

Bitwise's Solana Staking ETF (BSOL) crossed $1 billion in assets under management despite a 60% drop in SOL price since launch.