Investors Can Now Earn Yield on Solana Through First-of-Its-Kind ETF

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A new exchange-traded fund from Bitwise is making it easier for traditional investors to gain exposure to Solana—and earn rewards in the process.

The Bitwise Solana Staking ETF (BSOL), launching Tuesday, provides 100% direct exposure to the cryptocurrency and allows investors to benefit from staking yields, a first for a US Solana ETP.

“Solana is headed into the mainstream—and we think it’s just getting started,” Bitwise stated. This product offers a regulated pathway for investors to participate in the Solana network without the technical complexities of managing the assets directly, coinciding with a broader expansion of crypto investment vehicles.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.