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Launched · SEC filings

Bitwise Solana Staking ETF

BSOLNYSE ArcaBitwiseA

$12.63−0.42 (−3.22%)

At close: Nov 2, 2026, 4:00 PM ET

A71/ 100

Rank 3 of 9 in Spot Solana

A71/100Rank 3 of 9inSpot Solana
Intraday session: down, 79 prints from 13.05 to 12.63. Range 12.56 to 13.08. Use the arrow keys to read each point.12.7012.8012.9010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$943M
1Y total return
−48.7%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
3.31M sh
52W range
low $8.32high $23.14
Launched
Filings
SEC EDGAR

The ETF.net BSOL Grade

Based on 5 of 6 pillars

A

Score 71 out of 100

Category
Spot Solana⁠
Rank
3 of 9
Six-pillar profile for BSOL. Scores out of 100: Cost 74, Risk 26, Mission 100, Tradability 63, Holdings not scored, Durability 72. Strongest: Mission (100). Weakest: Risk (26). Based on 5 of 6 pillars.

Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A74 out of 100
    Rank 2 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 7 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B63 out of 100
    Rank 2 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 2 of 9

Our read on BSOL

ETF.net Research

In short

AMost spot Solana funds just hold the coin. BSOL holds it and puts part of it to work: staking additional SOL is a stated secondary objective, wrapped in a 0.20% ETF instead of a wallet and a validator you pick yourself.

Stated mandate

The Trust seeks exposure to the value of Solana it holds, net of operating expenses, and has a secondary objective of obtaining additional Solana through staking.

Why people hold it

  • Two jobs in one ticker: the trust seeks exposure to the Solana it holds, and as a secondary objective aims to obtain additional Solana through staking. No seed phrase, no validator shopping.
  • 0.20% a year sits right at the middle of the spot Solana pack: under VanEck's VSOL at 0.30% and a hair below 21Shares' TSOL at 0.21%.
  • Trades actively, and tradability is one of its strongest traits versus the rest of the Solana cohort. That matters in a category where getting out cleanly is half the game.

Worth knowing

  • One coin, full volatility. Value moves with Solana's price, which swings far harder than a diversified stock fund, and the fund's risk profile scores low in our framework.
  • Staking is a secondary objective, not a promised yield. Any extra SOL earned stays inside the trust rather than hitting your account: the fund has not paid distributions.
  • Young fund, crowded lane. It launched in October 2025, so history is thin, and rivals including Franklin's SOEZ and Grayscale's GSOL are competing hard on fee.

BSOL Performance

Launched Oct 23, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
BSOL$5,132
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. BSOL $5,132. SPY $11,146. Use the arrow keys to read each point.$5,000$7,500$10,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BSOL. Periods over one year show the average yearly return.
PeriodBSOL
Year to date−23.0%
1 month−22.4%
3 months+26.7%
1 year−48.7%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BSOL
YearReturn barBSOL
2026 YTD−23.0%
2025−35.8%

History from Oct 28, 2025

BSOL in the news

BSOL Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

BSOL Risk

Risk pillarD26 out of 100Rank 7 of 9 in Spot Solana
How much the fund’s monthly returns vary, scaled to a year.
66.4%
Annualised · 12 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.69
vs 3-month T-bills · 12 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−66.4%
12 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.73
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BSOL Cost

Compare BSOL and MSOL

Overpaying vs MSOL, cheapest in Spot Solana

$1,223

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BSOL 0.20%

    $4,155

  • MSOL 0.14% Cheapest

    $2,932

$10,000
30 years

Cost over time

  • BSOL 0.20%
  • MSOL 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530BSOL $4,155MSOL $2,932

Year by year

YearBSOLMSOLOverpaying
10$365$256$109
20$1,421$1,000$421
30$4,155$2,932$1,223

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