Introducing Bitwise Solana Staking ETP
Bitwise Asset Management has recently launched the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing both institutional and retail investors with a convenient way to access Solana’s staking rewards.
Key Features of BSOL ETP:
- Designed to deliver superior returns and transparency
- Tracks the Compass Solana Total Return Monthly Index
- Total expense ratio of 0.85% annually
- Fully backed by staked SOL
- Provides transparent performance benchmarks
- Available for trading in euros and US dollars
Expanding Staking Solutions
The launch of BSOL marks Bitwise’s third staking-focused ETP this year, following the successful introduction of Ethereum and Aptos staking products earlier.
Bitwise CEO Hunter Horsley praised Solana as a “rising star” in the blockchain space, highlighting its scalability, speed, and increasing adoption.
Growth in the European Market
Following the acquisition of ETC Group in August, Bitwise has been expanding its presence in the European market. With products like Bitwise Core Bitcoin ETP and Ethereum Staking ETP, the company has surpassed $12 billion in total assets under management in 2024.
All of Bitwise’s European ETPs are approved by Germany’s BaFin regulator and utilize cold storage for enhanced security. The company plans to rebrand its European portfolio and introduce more institutional-grade crypto products in the near future to cater to the growing demand from both institutional and retail clients.
Bitwise’s commitment to innovation and meeting the evolving needs of the crypto asset market positions the company as a leading player in the industry.
