Bitwise Asset Management, a global crypto asset manager overseeing more than $15 billion in client assets, has announced the launch of the Bitwise Solana Staking ETF (NYSE: BSOL), which provides 100% direct exposure to SOL within a U.
S. ETP framework.
This new offering expands Bitwise’s portfolio to over 30 crypto investment products available across the U.
S., the United Kingdom, and Europe. Hunter Horsley, CEO of Bitwise, commented on the launch, stating that investors seek both growth potential and staking rewards, and BSOL aims to provide low-cost exposure to both, offering access to the widely used Solana blockchain.
The Bitwise Solana Staking ETF (BSOL) is designed to offer exposure to SOL’s potential price appreciation along with staking rewards through in-kind creation and redemption. Staking on blockchain networks like Solana involves participating in network security and transaction validation, earning rewards similar to interest.
Solana is characterized by its high speed, processing transactions in approximately 400 milliseconds, and its scalability, capable of handling 100,000 financial transactions per second. The median transaction fee on Solana is reported at $0.001. The network generated over $2 billion in revenue in the past year and its proof-of-stake mechanism allows for an average 7% staking reward on assets, based on annualized 90-day averages as of October 22, 2025.
BSOL is structured to maximize staking rewards and oversight for investors by leveraging Bitwise’s internal staking expertise and Helius’s Solana staking technology. Helius, identified as Solana’s validator, manages over 13 million staked SOL and was selected for its understanding of the Solana ecosystem and performance record. Helius’s infrastructure is SOC II Type 2 certified.
Bitwise Asset Management, established eight years ago, serves over 4,000 private wealth teams, RIAs, family offices, institutional investors, and 15 banks and broker-dealers. The firm employs over 100 technology and investment professionals with offices in San Francisco, New York, and London. Helius, launched in 2022, also functions as Solana’s developer platform, providing data-streaming products, transaction execution, RPCs, and APIs, supporting businesses like Jupiter, Phantom, and Coinbase. It is backed by venture capital firms including Haun Ventures, Founders Fund, and Foundation Capital.
It is important to note that the Bitwise Solana Staking ETF (BSOL) is subject to a high degree of risk and potential significant volatility, which could lead to substantial or complete loss of investment. BSOL is not registered under the Investment Company Act of 1940 and does not provide the same protections as ETFs and mutual funds registered under that act. An investment in BSOL differs from a direct investment in Solana (SOL).
