Wall Street’s Solana Era Begins as Bitwise Debuts Pioneering Staking ETF

Reading Time: < 1 minute

Solana is officially entering the world of regulated Wall Street products with the launch of Bitwise’s Solana Staking ETF (BSOL).

Debuting Tuesday on the NYSE, this is the first US ETP to provide 100% direct exposure to spot SOL, marking a significant milestone for the cryptocurrency often touted as “Ethereum’s rival.”

“This demonstrates broad recognition of Solana’s role as critical financial infrastructure,” said Kristin Smith of the Solana Policy Institute.

The launch ignites a new wave of crypto ETPs, with competitors like Grayscale and Canary Capital preparing to list their own alternative cryptocurrency funds in the days ahead.