Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hi...
Following the recent launch of multiple crypto ETFs, Bitwise Asset Manager’s CIO has forecasted a bright future for the firm’s Solana Staking Exchange-Traded Fund (ETF), as investors show strong initial interest in the investment product. Related Reading: November Preview: Will Bitcoin Break The Cycle Or Repeat It? Bitwise Solana Staking ETF Sees Strong Start On Tuesday, Bitwise CIO Matt Hougan predicted that the Bitwise Solana Staking ETF (BSOL) could attract significant institutional interest and become one of the leading investment products based on digital assets. Hougan argued that....
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Bitwise Asset Management has updated its proposed Solana exchange-traded fund (ETF) to explicitly include “Staking” in the fund’s name and disclosed a 0.20% unitary sponsor fee—one of the lowest headline fees yet seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the amendment late Wednesday, writing: “NEW: Bitwise files an update to their Solana […]
Quick Facts: 1️⃣ Bitwise files Form 8-A with the SEC to list on NYSE Arca, the same exchange that hosts spot $BTC and $ETH ETFs. 2️⃣ Bitwise’s strategic partners, including KPMG, Coinbase Custody, and Attestant, bolster the fund’s trust and compliance credibility. 3️⃣ Growing institutional demand sees $SOL surge by 6%, reflecting rising confidence and […]
A new report has highlighted the key changes that could follow a significant increase in Solana liquid staking. Driven by strong investor demand, if Solana’s liquid staking were to reach $18 billion, it could significantly benefit Solana (SOL) and Jito (JTO), a liquid staking token on the Solana blockchain, potentially fueling positive momentum and a rise in the value of both altcoins. Related Reading: Get Ready For Take-Off! Shiba Inu Price To Jump 7,350% — Analyst Adoption Boom To Ignite Solana Liquid Staking Over the past few years, SOL has had an impressive run, outperforming most....
Crypto asset management firm Bitwise announced the launch of the ‘Bitwise Crypto Industry Innovators ETF’, the first listed ETF in the US with ‘crypto’ in it’s name. Bitwise has over $1.5B in assets under management. The Bitwise ETF The Bitwise ETF will be listed on the New York Stock Exchange under the ticker BITQ. The […]
Solana (SOL) continues to dominate the crypto chatter with its recent ascent to an 18-month pinnacle, nearly hitting the $70 mark and capturing the gaze of eager investors. The limelight on the crypto extends beyond its price surge, as DefiLlama reports a noteworthy surge in the trading volume across Solana’s decentralized exchanges (DEXs). In the […]