Bitwise's Solana Staking ETP (BSOL) has surpassed $100 million in assets under management, underscoring robust institutional interest in Solana (SOL). Launched in 2024, BSOL offers professional investors a regulated avenue to access Solana while earning staking rewards. The product is restricted to qualified investors, excluding retail participants in the UK, US, and Canada. Bitwise highlights the inherent risks and volatility of crypto-linked ETPs. The UK is anticipated to lift its crypto ETP ban soon, and the U.S. SEC has approved Grayscale's first multi-asset crypto ETP. Bitwise CIO Matt Hougan expects further institutional adoption of Solana.
Bitwise Solana Staking ETP Exceeds $100 Million in AUM
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.