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How Bitwise Solana Staking ETP Delivers Top Staking Rewards
In a groundbreaking move, renowned crypto asset management firm, Bitwise, has launched its latest product, the Bitwise Solana Staking ETP (BSOL). This innovative offering is designed to provide institutional-grade exposure to Solana, a popular blockchain platform. The ETP is further distinguished by its focus on staking rewards.
The launch of BSOL on Deutsche Börse Xetra, Europe’s largest stock exchange, marks an important milestone in the European market. It offers retail investors easier access to innovative crypto products and aligns with Bitwise’s strategy of expanding its portfolio with cutting-edge offerings while maintaining transparency and low costs.
Solana, known for its incredible speed of 65k transactions per second and scalable architecture, is quickly becoming a favorite among developers as well as investors. Its robust ecosystem has garnered significant attention, leading Bitwise to tap into this potential by providing low-cost and transparent access to Solana staking through BSOL.
What sets BSOL apart from other products is its promise of superior staking returns. This innovative ETP removes the complexity associated with traditional staking methods by linking it to the Compass Solana Total Return Monthly Index. As a result, investors can track performance easily and effortlessly.
Bitwise’s confidence in Solana’s future growth is evident in this move. The CEO, Hunter Horsley, has publicly expressed his enthusiasm for the blockchain platform, stating that Solana is on an upward trajectory. With BSOL, institutional investors will have access to high-quality staking products tailored to their needs.
Source: coinpedia.org
