Bitwise Asset Management, the global crypto asset manager with over $15 billion in client assets,  announced the launch of the Bitwise Solana Staking ETF (NYSE: BSOL). BSOL is the first ETP in the U.S. to have 100% direct exposure to SOL, and one of the first crypto ETPs with built-in staking. Bitwise intends to stake 100% of the Fund’s SOL holdings through Bitwise Onchain Solutions, powered by Helius, the leading Solana staking technology known for its high performance, technical excellence, and security. The strategy aims to maximize investors’ participation in Solana’s average staking rewards of over 7%.¹

Solana has had an incredible journey —

In the darkest times in 2022, the community, builders, investors, Labs, and Foundation banded together.

The ecosystem prevailed and started its new course as one of the most capable and widely used platforms in this space.

Today, it… https://t.co/OZvSNAIzYx

— Hunter Horsley (@HHorsley) October 28, 2025

The Bitwise Solana Staking ETF will trade on NYSE starting October 28, 2025, under the ticker BSOL. The management fee will be 0.20%, with the fee set at 0% for the first three months on the first $1 billion in assets.

“We believe Solana is one of the most exciting crypto investment opportunities that exists today,” said Matt Hougan, Chief Investment Officer of Bitwise. “Its ability to transact huge volumes with high efficiency and low cost makes it a serious competitor for the stablecoin and tokenization markets. Additionally, Solana generates more revenue than any other blockchain, making it a compelling project for investors who prioritize onchain fundamentals. BSOL is designed to give investors best-in-class exposure to Solana’s potential in a convenient, low-cost ETP wrapper.”²

Among Solana’s most notable characteristics:

• One of the fastest blockchains: Solana is known for its low latency, with the ability to confirm transactions in 400 milliseconds—compared to roughly 12 seconds for Ethereum and 10 minutes for Bitcoin.
• Scalability: Solana can process 100,000 financial transactions per second—more than the current volume of all the equity exchanges in the world combined.³ Add in its low cost—the median transaction fee is $0.001—and Solana is well-positioned to compete in bringing global financial markets onchain.⁴
• Powerful revenue generation: Solana generated over $2 billion in network revenue in the past year, more than any other chain.⁵
• Offers staking rewards: Solana’s proof-of-stake mechanism provides the opportunity for investors to earn an average 7% staking reward on their assets today.

With over 2,000 developers and millions of monthly active users across its ecosystem, Solana is becoming one of the pivotal players across crypto and traditional finance.

The Bitwise Solana Staking ETF, which will offer in-kind creation and redemption, gives investors exposure not only to SOL’s potential price appreciation but also to staking rewards. In blockchain networks like Solana, staking refers to the process of helping to secure the network and validate transactions; in return, participants earn rewards, similar to earning interest.

The fund aims to offer a best-in-class solution that maximizes staking rewards and oversight for investors by leveraging Bitwise’s in-house staking expertise and Helius’ leading Solana staking technology. Helius, which manages more than 13 million staked SOL, was chosen by Bitwise for its unmatched understanding of the Solana ecosystem and track record of high performance.

“What Netflix did to video and what Amazon did to commerce, Solana is doing to capital markets,” said Mert Mumtaz, CEO and Co-founder of Helius. “Partnering on Bitwise’s Solana Staking ETF enables traditional investors to own a piece of the innovation happening on Solana every day. We’re excited to power the Bitwise Onchain Solutions validator and work with a team that shares our commitment to Solana.”

“2025 has been a turning point for crypto. At long last, it is rapidly being accepted as a mainstream alternative asset class,” said Hunter Horsley, CEO of Bitwise. “The launch of BSOL is another milestone, opening the door for investors to participate in one of the most widely used and fastest-growing technology platforms in the space, Solana. For the past eight years, Bitwise has been helping investors access and navigate the opportunities in crypto, and we’ve never seen more interest. We’re excited about the path ahead.”

Source: Bitwise