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BSOL vs MSOL

Bitwise Solana Staking ETF

BSOLANYSE Arca

Morgan Stanley Solana Trust

MSOLANYSE Arca

Overlap

100%by weight

Expense ratio

MSOL −0.06pt a year

BSOL0.20%MSOL0.14%

Avg volume · 30D

BSOL 79.7×the volume

BSOL3.31MMSOL41.6K

BSOL vs MSOL Performance

Jul 31, 2026 – Oct 30, 2026

+30.9%BSOL+30.6%MSOL

Jul 31, 2026 to Oct 30, 2026. BSOL +30.9%. MSOL +30.6%. Use the arrow keys to read each point.0%40%60%Jul 2026Sep 2026Oct 2026
Expense ratio
BSOL 0.20%
MSOL 0.14%, better
Fund size
BSOL $971M
MSOL $48M
1Y total return
BSOL −47.0%
MSOL No data
Holdings
BSOL 1
MSOL 1
Avg volume (30D)
BSOL 3.31M sh, better
MSOL 41.6K sh
NAV per share
BSOL $13.85
MSOL $25.61
52W range

ETF.net Grade

BSOL: Cost 74, Risk 26, Mission 100, Tradability 63, Holdings not scored, Durability 72. MSOL: Cost 94, Risk 93, Mission not scored, Tradability 62, Holdings 56, Durability 47.
Pillar letters and Scores for BSOL, MSOL, with each pillar’s weight
PillarBSOLMSOL
Cost30% weightA74A94Higher
Mission25% weightA100Not scored
Risk15% weightD26A93Higher
Tradability15% weightB63HigherB62
Holdings10% weightNot scoredB56
Durability5% weightA72HigherC47

Rank among Spot Solana funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BSOL and MSOL are both graded against the same 9 Spot Solana funds, so their Grades compare head to head.

Spot Solana⁠

Category · 9 funds
See all 9 ›

MSOL ranks 1st and BSOL 3rd of 9 funds in the Spot Solana Category.

  1. Rank 1AMSOLMorgan Stanley Solana TrustScore 82
  2. Rank 2AGSOLGrayscale Solana Staking ETFScore 73
  3. Rank 3ABSOLBitwise Solana Staking ETFScore 71
  4. Rank 4ASOEZFranklin Solana ETFScore 70

Our read on each fund

ETF.net Research

BSOLABitwise Solana Staking ETF

MSOLAMorgan Stanley Solana Trust

In short

BSOL Most 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.

MSOL No data

Stated mandate

BSOL 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.

MSOL No data

Why people hold it

  • BSOL 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.

MSOL No data

Worth knowing

  • BSOL 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.

MSOL No data

Full BSOL profile⁠

Full MSOL profile⁠

BSOL vs MSOL Holdings

How BSOL and MSOL differ

Overlap by weight

100%

Shared holdings make up 100% of BSOL and 100% of MSOL.

Level by level

  • Asset classAlternatives100%
  • Holdings1 in both100%

Sector

No Sector split for BSOL and MSOL.

Country, concentration and asset class

Country by domicile

No country split for BSOL.

Concentration

Weight in the 10 largest Holdings

  • BSOL100.0%
  • MSOL100.0%

Securities held

  • BSOL1
  • MSOL1

Asset class

BSOL
Alternatives
MSOL
Alternatives

Holdings

  • Only in BSOL0
  • In both1
  • Only in MSOL0

Only in BSOL

0 securities, 0.0% of BSOL by weight

Only in MSOL

0 securities, 0.0% of MSOL by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in BSOL and MSOL, widest gap first
HoldingMore in BSOLMore in MSOL
SolanaSame weight

All 1 BSOL holdings⁠All MSOL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BSOL vs MSOL Cost

Overpaying BSOL vs MSOL

$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%

    $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

Expense ratio

  • 0.20%BSOL
  • 0.14%MSOL, cheaper
  • Middle half of Spot Solana funds
  • Median 0.21%

MSOL cheapest of 9 funds

BSOL 4th cheapest of 9 funds

BSOL vs MSOL Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BSOL None
MSOL No data
Last payment
BSOL No data
MSOL $0.05
Ex-dividend
BSOL No data
MSOL Oct 19, 2026
Paid on
BSOL No data
MSOL Oct 20, 2026
Frequency
BSOL No data
MSOL Irregular

Distribution history

Per share, 2026, same scale for both

BSOLAll BSOL payments⁠

No distribution history available.

MSOLIrregular · 4 paymentsAll MSOL payments⁠
One bar per payment. 4 payments in 2026 YTD. Sep 3, 2026 $0.06; Sep 17, 2026 $0.04; Oct 5, 2026 $0.07; Oct 19, 2026 $0.05. Use the arrow keys to read each point.$0$0.052026YTD

BSOL vs MSOL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BSOL 66.4%since Nov 2025MSOL No data
Return per unit of riskSharpe ratio, 3 years
BSOL −0.69since Nov 2025MSOL No data
Worst fallMax drawdown, 5 years
BSOL −66.4%since Oct 2025MSOL No data
Market sensitivityBeta, 5 years
BSOL 0.73MSOL 0.00

BSOL and MSOL in the news

All news⁠

Popular comparisons

  • BSOLAvsGSOLA

    Bitwise Solana Staking ETF · Grayscale Solana Staking ETF

    Expense ratio
    0.20% · 0.19%
    Category
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  • MSOLAvsGSOLA

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    Expense ratio
    0.14% · 0.19%
    Category
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  • BSOLAvsSOEZA

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    Expense ratio
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    Category
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  • MSOLAvsSOEZA

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    Expense ratio
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    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BSOLAvsVSOLB

    Bitwise Solana Staking ETF · VanEck Solana ETF

    Expense ratio
    0.20% · 0.30%
    Category
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  • MSOLAvsVSOLB

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    Expense ratio
    0.14% · 0.30%
    Category
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