According to Blockworks, Bitwise announced the launch of a Solana staking ETP in Europe, coded as BSOL, supported by Solana staking provider Marinade. BSOL comes with built-in staking rewards, an annual return rate of 6.48%, and a management fee of 0.85%. Previously, the Solana staking product launched by 21Shares had a return of 5.49% and a management fee of 2.5%. This move comes as Bitwise submitted an application for a Solana spot ETF in the United States last month. Although no Solana ETF has been approved in the U.S. market yet, some market participants speculate that if the regulatory environment eases in the future, staking rewards may be included in U.S. spot products.