Bitwise has launched BSOL, its Solana staking exchange-traded product (ETP), in Europe. The move comes as it awaits approval for Solana ETF registration in the US. The new ETP offers a 6.48% annualized yield, beating rivals like 21Shares. The management fee is kept low at 0.85%. Bitwise established a regulatory trust for its spot Solana ETF in Delaware in November. Matthew Sigel of VanEck said it is likely to be approved in the US by the end of 2025. ESOL, Bitwise’s first Solana ETP in Europe, was introduced in August. Share your thoughts in the comments.