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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.
A Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP, marking a significant step toward mainstream crypto adoption. This investment, made through one of the bank's funds, comes as Aptos experiences a surge in network activity and developer growth, despite a modest rise in APT's price. The ETP, launched on Switzerland’s SIX Exchange, aims to provide a regulated method for investors to earn passive income through staking Aptos’ APT tokens.
Bitcoin is testing the $100,000 mark as the weekend approaches, highlighting a significant moment in the cryptocurrency market. CNBC Crypto World provides daily updates and insights, featuring Bitwise CEO Hunter Horsley, who discusses the ongoing crypto rally and potential corrections on the horizon.
Hunter Horsley
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Bitwise launches solana staking ETP in Europe amid US regulatory uncertainty
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