Big things are happening in the crypto world, and Bitwise is at the forefront of it all. The well-known crypto asset management firm has just launched its Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, opening up a new opportunity for investors across the European Union.
This offers a unique combination of institutional-grade exposure to Solana, one of the fastest-growing blockchains, and the added bonus of staking rewards.
Keep reading to find out why this launch matters and what it means for the future of crypto investing.
This isn’t Bitwise’s first foray into staking ETPs. The firm has already launched Ethereum and Aptos staking ETPs, but the Solana-focused product stands out. Solana is known for its high-speed transactions, handling up to 65,000 per second, and its scalable architecture. The blockchain is quickly gaining popularity among both developers and investors.
With the Bitwise Solana Staking ETP, Bitwise offers European investors an easy and transparent way to access Solana staking at a low cost.
The Bitwise Solana Staking ETP aims to provide high staking returns, similar to earning dividends in the crypto world. But unlike traditional staking, this product simplifies the process. It’s fully backed and linked to the Compass Solana Total Return Monthly Index, ensuring transparency and reliable performance tracking.
Counting on Solana’s Future
Solana is one of the most advanced blockchains available today, supported by a growing ecosystem. The launch of BSOL shows Bitwise’s strong belief in Solana’s future. As Hunter Horsley, the company’s CEO, pointed out, Solana is becoming a key player in the crypto asset market.
The ETP is part of Bitwise’s strategy to provide quality staking products that meet the needs of serious investors.
Bitwise’s total client assets have surpassed $12 billion in 2024, further establishing its influence in the crypto space. The recent acquisition of ETC Group strengthens its position in Europe. BSOL is part of Bitwise’s broader push into the European market, following the success of their Ethereum staking ETP and physically backed Bitcoin ETP.
The Bitwise Solana Staking ETP gives retail investors a simpler way to access innovative crypto products. The firm plans to continue expanding its European offerings, ensuring that its products remain transparent and affordable.
This launch is a step forward in making crypto investments more accessible and rewarding for both institutional and retail investors.
With this launch, Bitwise is set to continue leading the way in providing easy, transparent, and high-quality crypto investment options. The future looks bright for both Bitwise and its investors.
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