Frankfurt-based crypto asset manager Bitwise has launched an exchange traded product providing institutional-grade total return exposure to Solana’s native cryptocurrency, SOL.
Solana is a blockchain launched in 2020. Its native token SOL ranks among the top cryptocurrencies globally thanks to its speed and scalability. Employing a monolithic, single-layer architecture enables Solana to process up to 65,000 transactions per second.
The ETP has been listed on the Deutsche Boerse Xetra exchange.
“At Bitwise, we continue expanding our product suite to provide investors with access to the opportunities in crypto through high quality vehicles they can trust,” said Hunter Horsley, CEO and Co-Founder at Bitwise.
Solana is one of the rising star assets in the space, and we’re thrilled to be launching BSOL, the third staking ETP we are launching this year, after the Ethereum and Aptos staking ETPs in February and November respectively.”
