Bitwise Solana ETF Hits $1 Billion AUM Milestone

Bloomberg ETF analyst Eric Balchunas reported on August 28 that the Bitwise Solana ETF has surpassed $1 billion in assets under management, becoming the first Solana-based ETF to reach this milestone. The category has seen cumulative inflows of $1.7 billion and has maintained stability without significant outflows despite a sluggish market performance in the first half of the year.