AAII ETF Evaluator

ETF Evaluator: Bitwise Solana Staking ETF () Follow This ETF

Other
Global Asset Class
Miscellaneous
Fund Group
Digital Assets
Category
$13.260
Last Trade
(as of Aug 26)
$ 588 Mil
Share Class Assets
na
TTM Yield
$26.600 - $8.320
52-Wk High-Low Range
0.20% A
Expense Ratio
na
Portfolio Turnover
2,666 (k)
Avg. Daily Trading Vol.

Best Performing in Digital Assets Over the Last Year

1090.2% Grayscale Zcash Trust (ZEC) (ZCSH)
112.1% ProShares UltraShort Bitcoin ETF (SBIT)
35.7% ProShares Short Ether ETF (SETH)
12.3% Simplify US Equity PLUS Bitcoin Stgy ETF (SPBC)
10.8% Proshares UltraShort Ether ETF (ETHD)
Data as of 7/31/2026
-0.3% D (NAV)
-0.4% D (Price)
1-Mo Return
-11.0% B (NAV)
-10.9% B (Price)
3-Mo Return
-39.1% D (NAV)
-39.2% D (Price)
YTD Return
na (NAV)
na (Price)
1-Yr Return
na (NAV)
na (Price)
3-Yr Return
na (NAV)
na (Price)
5-Yr Return
na
Category
Risk
Index
na
Total
Risk
Index

ETF Details

Fund Family
CF Benchmarks

Inception Date
10/27/2025

Website

Phone
415-707-3663

Primary Benchmark
CME CF Solana - $ RR - NY Variant USD: 100%

Additional Fund Details

Bitwise Solana Staking ETF Overview

Bitwise Solana Staking ETF (BSOL) is a passively managed Miscellaneous Digital Assets exchange-traded fund (ETF). CF Benchmarks launched the ETF in 2025.

The investment seeks to provide exposure to the value of Solana held by the Trust, less the expenses of the Trust’s operations and other liabilities and to derive additional Solana through staking. In seeking to achieve its primary investment objective, the Trust will hold Solana and establish its net asset value (“NAV”) by reference to the CME CF Solana – Dollar Reference Rate – New York Variant (“Pricing Benchmark”). The Trust is sponsored and managed by Bitwise Investment Advisers, LLC (the “Sponsor”).

About Bitwise Solana Staking ETF (BSOL)

There are 1 members of the management team with an average tenure of 0.76 years: Management Team (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: CME CF Solana - $ RR - NY Variant USD index with a weighting of 100%. Bitwise Solana Staking ETF has 1 securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Bitwise Solana Staking ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Bitwise Solana Staking ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Bitwise Solana Staking ETF has 100.0% of the portfolio in cash.

Assets Under Management

The fund has $587 million in total assets, which is above the $564 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

BSOL Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Bitwise Solana Staking ETF expense ratio is below average compared to funds in the Digital Assets category. Bitwise Solana Staking ETF has an expense ratio of 0.20%, which is 79% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Bitwise Solana Staking ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 82% for the Digital Assets category.

Recently, in the month of July 2026, Bitwise Solana Staking ETF returned -0.3%, which earned it a grade of D, as the Digital Assets category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Bitwise Solana Staking ETF has a trailing yield of 0.00%, which is below the 15.12% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Bitwise Solana Staking ETF Grades

Year to date, the ETF has returned -39.1%, 8.3 percentage points worse than the category, which translates into a grade of D.

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Bitwise Solana Staking ETF, including its riskiness, submit your email to unlock the rest of the article.


BSOL Trailing NAV Total Returns Data as of 7/31/26

Last
Month
Last
Quarter
Ann'l.
1Yr
Ann'l.
3Yr
Ann'l.
5Yr
Ann'l.
10Yr
BSOL Return (NAV) -0.3% -11.0% na na na na
BSOL Return (Price) -0.4% -10.9% na na na na
NAV +/- Price Return 0.139% -0.069% na na na na
Digital Assets Avg 2.9% -16.7% -32.2% 6.2% -17.1% 54.9%
BSOL Grade (NAV) D B na na na na
+/- Category (NAV) -3.2% 5.8% na na na na
BSOL Tax-Cost Ratio na na na na na na

BSOL Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
BSOL Return (NAV) -39.1% na na na na na na na na na na
BSOL Return (Price) -39.2% na na na na na na na na na na
NAV +/- Price Ret 0.004% na na na na na na na na na na
Digital Assets Avg -30.7% -9.9% 65.8% 127.8% -72.3% 199.4% 175.1% 11.8% -81.4% 1391.4% 119.9%
BSOL Grade (NAV) D na na na na na na na na na na
+/- Category -8.3% na na na na na na na na na na
Risk Measures
Beta: na
R-Squared: na
Standard Deviation: na
Category Risk Index: na
Category Risk Rating:
Total Risk Index: na
Total Risk Rating:
Portfolio Characteristics
Yield: --
Total Assets: $ 588 Mil
Share Class Assets: $ 588 Mil
Turnover: na
Expense Ratio: 0.20%
Index Fund: Yes
Index Tracked: CME CF Solana - $ RR - NY Variant USD
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: No
Capital Gains Distribution Frequency: Annually
Income Distribution Frequency: Annually

Management Team

Number of Managers: 1
Longest Tenure: 0.8 years
Average Tenure: 0.8 years
Managers (Year): Team Management (2025)

Portfolio Composition (as of 7/31/26)

# of Holdings: 1
% in Top 10 Holdings: 0.0%
Fund is Non-Diversified: No
% in Foreign Issues: 0.0%
 

Portfolio Allocation

Domestic Stock: 0.0%
Foreign Stock: 0.0%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.0%
Cash: 100.0%

Purchase Information

Legal Structure: Grantor Trust
Fund Family: CF Benchmarks
Phone Number: 415-707-3663
Website:
Inception Date: October 27, 2025

Expenses and Fees

Expense Ratio (%): 0.20% (Rating: Below Avg)
Category Average Expense Ratio (%): 0.97%
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.