The ETP will stake 100% of Solana holdings in-house and will target over 7% in annual rewards.

Bitwise Asset Management has introduced the Bitwise Solana Staking ETF (NYSE: BSOL), marking the first US-listed exchange-traded product (ETP) to offer direct exposure to Solana with integrated staking. For  an initial   period,   Bitwise   has waived the management fee       The fund commenced trading on 28 October and is structured to stake 100% of its Solana holdings through Bitwise Onchain Solutions, which is powered by Helius, a Solana-focused sta