Bitwise Solana Staking ETF
BSOL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 400 Montgomery Street, Suite 600 San Francisco CA United States of America 94104
- IPO Date
- Oct 24, 2025
- Website
- bsoletf.com
- Similar Companies
- Business
- Bitwise Solana Staking ETF (NYSE Arca: BSOL) provides investors with 100% direct exposure to Solana (SOL) cryptocurrency through a regulated exchange-traded product that stakes substantially all of its SOL holdings to generate rewards; the fund utilizes Bitwise's institutional staking infrastructure powered by Helius, Solana's leading validator managing over 13 million staked SOL, targeting average annual staking yields exceeding 7% from inflation, MEV, and block rewards net of fees. Launched on October 28, 2025, and sponsored by Bitwise Investment Advisers, LLC, a subsidiary of Bitwise Asset Management, BSOL trades on NYSE Arca with in-kind creation and redemption, a management fee of 0.20% (initially waived to 0% for the first three months on the first $1 billion in assets), and custody by Coinbase Custody Trust Company, LLC. The fund holds SOL benchmarked against the CME CF Solana-Dollar Reference Rate - New York Variant for net asset value calculations. Bitwise Asset Management, founded in 2017 and headquartered in San Francisco, California, with additional offices in New York and London, manages over $15 billion in client assets across more than 30 cryptocurrency investment products including spot Bitcoin and Ethereum ETFs, private funds, hedge strategies, and staking services; the firm serves over 4,000 private wealth teams, registered investment advisors, family offices, institutional investors, banks, and broker-dealers. BSOL targets institutional and retail investors seeking efficient exposure to Solana's high-speed, low-cost blockchain ecosystem, which processes up to 100,000 transactions per second at a median fee of $0.001 and generated over $2 billion in network revenue in the past year. Recent developments include surpassing $500 million in assets under management within 18 days of launch in November 2025 and reaching approximately $640 million by mid-December 2025, reflecting strong institutional demand; Bitwise waived management fees initially to enhance cost efficiency amid record first-day trading volume of around $56 million, the highest for any 2025 ETF debut. In April 2025, Bitwise expanded globally by acquiring ETC Group, a London-based crypto ETP issuer with over $1 billion in assets, adding nine physically backed European-listed products including Solana (ESOL), Bitcoin, Ethereum with staking, XRP, and a digital assets index to its portfolio. In November 2025, Bitwise withdrew a separate 19b-4 filing for a spot Solana ETF amid SEC guidance on staking features, while continuing to operate the successful BSOL product.