Bitwise has launched its Solana-based crypto-staking exchange-traded product (ETP), BSOL, in Europe, offering an annualized return of 6.48%, surpassing competitors like 21Shares. This move follows the company's plans for a Solana ETF in the US, amid evolving regulatory landscapes. Despite Solana's recent performance lagging behind Bitcoin and Ethereum, optimism remains among traders regarding its long-term potential.
Bitwise has launched its Solana-based crypto-staking exchange-traded product (ETP), BSOL, in Europe, offering a 6.48% annual yield, surpassing competitors like 21Shares. This move follows the company's plans for a Solana ETF in the U.S., amid evolving regulatory landscapes. With significant growth in 2024, Bitwise aims to provide superior staking returns while capitalizing on Solana's potential.
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