Key Highlights
- Bitwise introduced that its Bitwise Solana Staking ETF goes to begin buying and selling underneath the BSOL ticker tomorrow
- This ETF is the primary U.S. exchange-traded product to supply 100% direct publicity to identify Solana
- The ETF is designed to maximise returns by concentrating on the staking of 100% of its belongings, which goals to seize Solana’s approximate 7% common staking yield
On October 27, Bitwise Asset Administration formally introduced the launch of the Bitwise Solana Staking exchange-traded funds (ETFs) underneath the ticker ‘BSOL’, which goes to begin buying and selling tomorrow.
Introducing $BSOL — the Bitwise Solana Staking ETF. Begins buying and selling tomorrow.
– First U.S. ETP to have 100% direct publicity to identify SOL
– Maximizing Solana’s 7%+ common staking reward fee*
– Focusing on 100% of belongings staked
– Staking by means of Bitwise Onchain Options, powered by… pic.twitter.com/Vo8Ko0qOCn— Bitwise (@BitwiseInvest) October 27, 2025
Bitwise Rolls Out Solana Staking ETF ‘BSOL’
This new fund is a big milestone as the primary U.S. exchange-traded product (ETP) to supply traders 100% direct publicity to identify Solana (SOL). The launch of BSOL gives a regulated and accessible pathway for conventional traders to achieve a stake within the Solana ecosystem.
The core technique of the BSOL ETF is designed to maximise investor returns by means of the distinctive mechanics of the Solana community. The fund targets staking 100% of its belongings, which goals to supply Solana’s approximate 7% common staking reward fee.
In accordance with the official web site, this staking course of might be securely managed by Bitwise Onchain Options by leveraging the superior infrastructure of Helius Labs.
To draw new traders and enhance its adoption, Bitwise will implement a 0% charge coverage, which might be supported by a waiver for a restricted preliminary interval.
Bitwise said in an official submit on X, writing that “We consider Solana is a key platform for enabling capital markets to return on-chain and is completely positioned for this second. Now, traders can get publicity to its progress potential and seven% common staking rewards with BS’OL. Solana is headed into the mainstream—and we expect it’s simply getting began.”
This announcement comes after Bitwise CEO Hunter Horsley gave a touch earlier about main developments with a preview of a “Huge week.”
A New Wave of Staking ETFs
In Might 2025, the U.S. Securities and Alternate Fee (SEC) issued essential steerage that has basically reshaped the authorized panorama for proof-of-stake cryptocurrencies like Solana (SOL).
This much-needed readability confirmed that sure staking actions don’t represent securities choices underneath federal regulation. This choice has successfully unlocked the trail for the primary wave of staking token-based Alternate Traded Funds (ETFs) in the US. This has resolved a serious uncertainty that had beforehand hindered their approval and exhibits a brand new period of institutional acceptance for blockchain know-how.
The SEC’s new place was defined by means of two vital workers statements. The primary, launched on Might 29, established that “protocol staking” on networks like Solana is just not an funding contract. The reasoning is that the rewards are generated by the community’s predefined protocol guidelines, not from the managerial efforts of a 3rd occasion. This is the reason it distinguishes itself from conventional safety.
This exemption covers self-staking, non-custodial delegation to validators, and primary custodial staking companies. A subsequent assertion in August 2025 prolonged this readability to “liquid staking,” the place customers obtain a tradable receipt token representing their staked belongings.
“It’s the Division’s view that “Liquid Staking Actions” (as outlined under) in reference to Protocol Staking don’t contain the supply and sale of securities throughout the which means of Part 2(a)(1) of the Securities Act of 1933 (the “Securities Act”) or Part 3(a)(10) of the Securities Alternate Act of 1934 (the “Alternate Act”),” said in a press launch
“Accordingly, it’s the Division’s view that individuals in Liquid Staking Actions don’t have to register with the Fee transactions underneath the Securities Act, or fall inside one of many Securities Act’s exemptions from registration in reference to these Liquid Staking Actions.”
After this announcement, the REX-Osprey SOL + Staking ETF debuted on July 2 on Cboe BZX. It stakes practically 50% of holdings through custodians, incomes transaction charge rewards. After the brand new SEC steerage, issuers amended filings for Ethereum staking ETFs like Grayscale and BlackRock.
