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Solana ETF Hits $1B AUM, Outpacing XRP in Crypto Fund Race

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • Bitwise’s Solana Staking ETF (BSOL) reached $1 billion in AUM, joining Bitcoin and Ethereum in the billion-dollar club.
  • Solana’s success is attributed to its native staking yield, highlighting a competitive advantage over XRP, which lacks staking and relies solely on spot demand for its ETFs.
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SOLUSD price history

96.69 +15.69% over the displayed period

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