Data as of .
BSOL vs OSOL: which tracked its coin?
OSOL closed unchanged on more than a twentieth of its trading days, so its difference from Solana is not comparable with BSOL’s.
The same coin, two trusts
BSOL and OSOL hold the same asset. Both are 1933 Act trusts holding Solana through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. OSOL closed unchanged on more than a twentieth of its trading days, so its distance from Solana is a quote nobody moved rather than a cost a holder paid, and ETFIQ neither prints it nor ranks it. OSOL has 1,219 more days of record than BSOL, and a longer record is a longer window over which a cost can show itself.
Performance, window by window
| Window | Total return | The coin over the same days | Difference, percentage points | |||
|---|---|---|---|---|---|---|
| BSOL | OSOL | BSOL | OSOL | BSOL | OSOL | |
| 1 month | +35.4% | 0.0% | +35.6% | +35.6% | −0.1 pts | not comparable |
| 3 months | +55.0% | +156.3% | +53.4% | +53.4% | +1.6 pts | not comparable |
| 6 months | +18.1% | +105.0% | +16.1% | +16.1% | +1.9 pts | not comparable |
| 1 year | not published | −8.0% | not published | −55.2% | not published | not comparable |
| Since each listed | −45.1% | +257.3% | −47.3% | +166.2% | +4.1% of its growth | not comparable |
| BSOL Bitwise Solana Staking ETF Holds Solana through a custodian, listed Oct 28, 2025 | OSOL Osprey Solana Trust Holds Solana through a custodian, listed Jun 27, 2022, quoted thinly | |
|---|---|---|
| Sponsor | Bitwise | Osprey |
| Holds | Solana | Solana |
| Net assets | $592m, balance sheet of Jun 30, 2026 | not read |
| Sponsor’s fee | 0.20% | 2.50% |
| Fee waiver | the whole fee, until January 27, 2026 | none |
| Staking | the filings say it does | the filings say it does |
| Listed | Oct 28, 2025 | Jun 27, 2022 |
| Days since listing | 318 days | 1,537 days |
| Days it has traded | 219 | 1,056 |
| Days it closed unchanged | 2 | 204 |
| Quoted | on an exchange, every trading day | thinly, and not ranked against funds that trade daily |
| Fund returned, 1 year or since launch | −45.1% | −8.0% |
| The coin over the same days | −47.3% | −55.2% |
| Difference, percentage points | +4.1% of its growth | not comparable |
| Fund returned since it listed | −45.1% | +257.3% |
| Difference since it listed | +4.1% of its growth | not comparable |
| Price | $14.03 | $2.2804 |
BSOL in plain words
BSOL holds Solana through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, Solana moved −47.3% and BSOL returned −45.1%. That leaves it 4.1% ahead once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. Doing it would read +2.2 pts, which is arithmetically correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 104% of what holding the coin gave says exactly that. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. BSOL charges 0.20% a year and still finished 4.1% ahead of Solana, which a fee cannot do on its own. Solana is a proof of stake chain, so a fund holding it can stake. BSOL’s own filings say it does (10-Q, Aug 7, 2026). What the prices show is that it finished 4.1% ahead of Solana’s own price over the same days, against +2.9% for the other 8 funds holding Solana. After a fee, an in-kind ETP ahead of the asset it holds got there by staking. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Solana it custodies.
OSOL in plain words
OSOL holds Solana through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the year to Sep 11, 2026, Solana moved −55.2% and OSOL returned −8.0%. That leaves it not comparable. OSOL closed unchanged on 204 of its 1056 trading days. A price that does not move is a price nobody traded at, so its difference against Solana describes the days somebody did trade rather than the fund, and ETFIQ does not rank it against funds that trade every day. OSOL’s own filings say it does (S-1, Oct 22, 2025). Over the window ETFIQ measures it did not finish ahead of Solana’s own price, so whatever it earned did not cover its costs.
Questions people ask
- Can BSOL and OSOL be compared on tracking?
- OSOL closed unchanged on more than a twentieth of its trading days. A price that does not move is a price nobody traded at, so the difference from Solana describes the days somebody did trade rather than the fund, and ETFIQ publishes it nowhere and ranks it against nothing.
- Do BSOL or OSOL pay a staking yield?
- Solana is a proof of stake chain, so staking is possible. Whether either trust stakes, and what the sponsor keeps of it, is a term in its own filings and is read from those rather than assumed.
- What is the difference between BSOL and OSOL?
- Both hold Solana through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. BSOL is sponsored by Bitwise and listed Oct 28, 2025; OSOL by Osprey, listed Jun 27, 2022.
- Which is cheaper, BSOL or OSOL?
- BSOL charges 0.20% a year and OSOL charges 2.50%, so BSOL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BSOL against OSOL, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/BSOL-OSOL Free to use with attribution; the underlying files are at Open data.