Bitwise has officially launched its Solana Staking ETF ($BSOL) today, making it the first exchange-traded product (ETP) in the United States that offers 100% spot exposure to Solana (SOL). This move marks a significant milestone for both Bitwise and the broader crypto investment space, especially for supporters of the Solana ecosystem.
The ETF is designed to track the price of SOL while also earning staking rewards, allowing investors to benefit from Solana’s yield-generating mechanism without managing crypto wallets or staking processes themselves.
What Makes $BSOL Different?
Unlike previous crypto-related ETFs that often rely on futures or indirect exposure, $BSOL gives investors direct access to real SOL tokens. This is not just a passive investment—holders benefit from Solana staking rewards, currently offering attractive annual yields.
With SOL regaining momentum in 2025, this ETF could serve as an appealing product for traditional investors looking to diversify into crypto in a regulated and tax-efficient manner.
Moreover, Bitwise has a strong track record in launching crypto-focused financial products. This latest offering continues its trend of bridging the gap between digital assets and traditional finance.
UPDATE: Bitwise to launch its Solana Staking ETF ($BSOL) today, marking the first US ETP with 100% spot $SOL exposure. pic.twitter.com/NFpwAvNFQ5
— Cointelegraph (@Cointelegraph) October 28, 2025
A Big Win for Solana and Crypto ETFs
The Solana Staking ETF launch could open the door for more staking-based ETFs in the U.S., which have so far been limited by regulatory uncertainties. It also shows increasing confidence in the Solana network, known for its speed and scalability.
For the average investor, this ETF simplifies crypto exposure while still capturing the core benefits of blockchain technology. As institutional interest in crypto grows, products like $BSOL could play a key role in bringing mainstream adoption to blockchain assets.