New ETFs
Bitwise's NEAR fund charges more, and keeps less of the rewards, than its other US staking ETFs
Bitwise Solana Staking ETF
$14.82−0.11 (−0.74%)
- 0.20%
- $1.2B
- 3.3M sh
- $15.04
- low $8.32high $26.60
The ETF.net BSOL Grade
A
Score 71 out of 100
- 1 of 9
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 100Rank 2 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 6 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B63 out of 100Rank 3 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 2 of 9
Our read on BSOL
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.
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 Holdings
- Other
- 1
- 100%
- Solana
BSOL Performance
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.Not enough history yet.
BSOL$9,104
Returns run to the Oct 12, 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.
| Period | BSOL |
|---|---|
| Year to date | −9.0% |
| 1 month | +6.4% |
| 3 months | +41.0% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BSOL |
|---|---|---|
| 2026 YTD | −9.0% | |
| 2025 | −35.8% |
BSOL in the news
BSOL Dividends
Listed Oct 2025. No distributions yet.
BSOL Risk
- —
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.
- —
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.
- —
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.
- 0.73
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BSOL Cost
0.20%
BSOL0.20%
- The middle half of Spot Solana funds
- Median 0.21%
3 of the 9 Spot Solana funds charge less.
Other funds in Spot Solana
- ASOEZFranklin Solana ETFExpense ratio 0.19%1 year return —
- AGSOLGrayscale Solana Staking ETFExpense ratio 0.19%1 year return −47.3%
- BTSOL21Shares Solana ETFExpense ratio 0.21%1 year return —
- BVSOLVanEck Solana ETFExpense ratio 0.30%1 year return —
- BQSOLInvesco Galaxy Solana ETFExpense ratio 0.25%1 year return —