Bitwise Launches First US Solana ETF on NYSE with 100% Staking Strategy
The Bitwise Solana Staking ETF (BSOL) began trading on the New York Stock Exchange, becoming the first US-listed solana exchange-traded product. The fund stakes 100% of its SOL holdings to target approximately 7% annual staking rewards. Bitwise CIO Matt Hougan projected the launch could achieve record flows relative to SOL's $110 billion market capitalization.

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