Bitwise Solana Spot Staking ETF Reaches $223 Million in Assets on First Day

PANews, October 28—According to a screenshot from Bloomberg Terminal, the Bitwise Solana Staking ETF (ticker: $BSOL) was officially listed on October 28, with first-day assets under management reaching $223 million and a management fee rate of 0.2%. This ETF is a single-asset product that tracks Solana spot and conducts staking operations, without using leverage, derivatives, or hedging strategies. Analyst Eric Balchunas noted that its launch scale has already reached half that of $SSK, indicating initial market enthusiasm for Solana staking products.