Bitwise BSOL ETF Buys 93,167 SOL Tokens Worth $13.1M

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Derived from BitcoinWorld, Bitwise’s Solana ETF (BSOL) has purchased 93,167 SOL tokens valued at approximately $13.1 million. The acquisition, reported by blockchain analytics firm Lookonchain, highlights growing institutional confidence in Solana’s ecosystem. The transaction occurred within a single hour, indicating urgency and conviction in the investment decision. Bitwise BSOL’s strategy appears focused on long-term value accumulation, and the purchase brings its total SOL holdings to a substantial position, making it one of the largest institutional holders of Solana tokens.

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