Bitwise’s Solana ETF Hits $1 Billion AUM Just 10 Months After Launch

Bitwise has achieved significant milestones with its crypto ETFs. The Solana staking ETF surpassed $1 billion in assets under management within 10 months of launch, positioning SOL as one of only three crypto assets to reach this threshold. Simultaneously, the Bitwise XRP ETF crossed $500 million in assets nine months after its debut, currently holding nearly 364.8 million XRP. These funds provide brokerage-account investors indirect exposure to these tokens without requiring direct custody of the assets.