How Bitwise Solana Staking ETP Offers Highest Staking Rewards
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This is not Bitwise’s first foray into staking ETPs. They have previously launched Ethereum and Aptos staking ETPs, but this new product focused on Solana feels special. Solana is known for its blazing speed of 65,000 transactions per second and its scalable architecture. The blockchain is quickly becoming a favorite among developers and investors. With the Bitwise Solana Staking ETP, the company has tapped into its full potential and provided low-cost, transparent access to Solana staking to European investors.
BSOL aims to provide superior staking returns, just like dividends for cryptocurrencies. But unlike regular staking, this product removes the complexity. It is fully backed by and pegged to the Compass Solana Total Return Monthly Index, ensuring transparency in tracking performance.
The company has surpassed $12 billion in total client assets by 2024, and its recent acquisition of ETC Group has solidified its position in Europe. BSOL is part of its broader push into Europe, following popular products such as Ethereum Staking ETP and Physically-Backed Bitcoin ETP.
With the Bitwise Solana Staking ETP, retail investors will have easier access to innovative crypto products. The asset manager plans to continue expanding its European portfolio with more cutting-edge products while maintaining its commitment to transparency and low costs.
The launch of this product is a step towards making cryptocurrencies more accessible and rewarding, not only for institutional investors, but also for retail investors. The future looks bright, and Bitwise seems determined to lead the way.
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