How Bitwise Solana Staking ETP Delivers Top Staking Rewards
Good news for cryptocurrency enthusiasts in the EU. Well-known crypto asset management company Bitwise has just launched the Bitwise Solana Stake ETP (BSOL). They launched the product on Deutsche Börse Xetra. This is a great product for investors looking for institutional-grade exposure to Solana. It is combined with the benefits of staking rewards. This launch demonstrates Solana’s growing dominance in the blockchain space.
Why this ETP stands out
This is not the first time Bitwise has participated in an ETP staking rodeo. They have launched Ethereum and Aptos staking ETPs before, but the new Solana focused product feels special. Solana is known for its incredible speed of 65k transactions per second and scalable architecture. Blockchain is quickly becoming a favorite among developers and investors. With the Bitwise Solana Stake ETP, the company taps its potential to provide European investors with low-cost and transparent Solana staking opportunities.
BSOL aims to provide superior staking returns, much like cryptocurrency dividends. But unlike regular staking, this product removes complexity. It is fully supported and linked to the Compass Solana Monthly Total Return Index, ensuring transparency in tracking performance.
Solana is one of the best blockchains on the market, with an entire ecosystem surrounding it. This release represents Bitwise’s confidence in Solana’s future. As the company’s CEO Hunter Horsley noted, Solana is becoming a rising star in the crypto asset space. The ETP underscores Bitwise’s strategy of providing high-quality staking products to meet the needs of serious investors.
what to expect
The company’s total client assets will exceed $12 billion by 2024, and its recent acquisition of ETC Group strengthens its position in Europe. BSOL is part of a wider push across Europe, following early hits like the Ethereum Staking ETP and the physically-backed Bitcoin ETP.
and Bitwise Solana Staking ETPretail investors will have easier access to innovative crypto products. The asset manager plans to continue growing its European portfolio with more cutting-edge products, while maintaining its commitment to transparency and low costs.
The launch of this product is a step forward in making cryptocurrencies more accessible and generating returns for institutional and retail investors. The future looks promising, and Bitwise seems determined to lead the way.
