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Bitwise fund is first Solana ETF to hit $1 billion AUM
Published Source: The BlockRead original
Crypto Insight Summary: The Bitwise Solana Staking ETF (ticker BSOL) crossed $1 billion AUM on Friday, less than a year after its launch. Crypto Insight Analysis: Direction: Bullish SOL Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Solana ETF reaching $1B AUM signals institutional demand, boosting SOL's credibility.