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bitwise launches solana staking etp enhancing access to crypto rewards
Bitwise has launched the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing European investors with institutional-grade access to Solana and its staking rewards. This product simplifies staking, ensuring transparency and superior returns, while reflecting Bitwise's confidence in Solana's growing prominence in the crypto space. With total client assets exceeding $12 billion in 2024, Bitwise aims to expand its European offerings, making innovative crypto products more accessible to retail investors.
Bitwise launches solana staking ETP in Europe amid US regulatory uncertainty
Bitwise has launched a Solana staking ETP in Europe, ticker BSOL, with Marinade as its staking provider, offering a 6.48% yield. This follows their plans for a Solana ETF in the US, which currently excludes staking rewards due to securities law concerns. Analysts suggest that changes in SEC leadership could eventually allow US spot ETF issuers to include staking rewards.
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