We interpret the $B_{s1}(5778)$ as an $S$-wave $B^astbar{K}$ molecular state in the Bethe-Salpeter equation approach. In the ladder and instantaneous approximations, and with the kernel containing one-particle-exchange diagrams and introducing three different form factors (monopole, dipole, and exponential form factors) in the vertex, we find the bound state exists. We also study the decay widths of the decay $B_{s1}(5778)rightarrow B_s^astpi$ and the radiative decays $B_{s1}(5778)rightarrow B_sgamma$ and $B_{s1}(5778)rightarrow B_s^{ast}gamma$, which will be instructive for the forthcoming experiments.