Bitwise Rolls Out a Solana Staking ETP in Europe

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Crypto asset manager Bitwise has launched an exchange-traded product (ETP) for Solana in Europe. This was made possible through their partnership with Marinade, the staking provider for their new ETP called BSOL.

This product promises attractive yields, low ownership costs, and exceptional performance compared to other available Solana staking options. CEO and Co-Founder of Bitwise, Hunter Horsley, shared that their goal is to offer reliable investment opportunities that can fully harness the potential of cryptocurrencies and expand the options for investors.

He also noted Solana as a rising star in the crypto world and expressed enthusiasm for BSOL, which is the third staking ETP launched by Bitwise this year, following Ethereum and Aptos staking ETPs.

BSOL is the first Solana-based ETP from Bitwise in Europe, following their release of ESOL in August. ESOL was created after Bitwise acquired ETC Group and currently manages $24 million in assets, a slight decrease from $27 million the month before.

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