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Bitwise has unveiled its new Solana Staking ETP (BSOL) on Xetra, setting a new standard in the crypto market with its advanced staking mechanism. Designed to provide institutional-grade returns, BSOL leverages Solana’s superior transaction capabilities and scalability, affirming Bitwise’s leadership in the burgeoning sector of digital assets.
Solana’s technology supports up to 65,000 transactions per second, establishing it as a leading blockchain for both developers and retail applications. With its debut in 2020, Solana has quickly ascended the ranks of global cryptocurrencies, bolstered by its robust economy and extensive developer engagement. BSOL, linked to the Compass Solana Total Return Monthly Index, offers European investors unparalleled transparency and high staking rewards at a competitive cost.
Hunter Horsley, CEO of Bitwise, expressed enthusiasm about expanding their innovative product lineup, highlighting Solana’s potential in the crypto landscape. Following significant growth and a strategic acquisition, Bitwise continues to enhance its European portfolio with pioneering crypto investment solutions, including the highly anticipated BSOL.
