Bitwise Brings Solana Staking ETP To Europe Amid US Delays
Key Points:
- Bitwise has introduced a Solana Staking ETP in Europe with competitive rewards, enhancing its staking infrastructure through Marinade.
- US regulatory hurdles prevent Solana Staking ETPs from including rewards, but Bitwise remains prepared for future opportunities.
Bitwise launches Solana Staking ETP in Europe via Marinade, offering 6.48% rewards, competing with 21Shares, amid US regulations limiting staking ETF rewards.
Bitwise Asset Management Has Launched a Solana Staking ETP in Europe
Bitwise Asset Management launched its European Solana Staking ETP with 6.48% annual dividends under the ticker BSOL. Marine as a stakeholder ensures robust infrastructure for its activities. European investors seeking Solana staking rewards may find BSOL attractive with a 0.85% annual management cost.
After Bitwise purchased ETC Group’s ESOL product, which gave Solana exposure but no staking incentives, BSOL was launched. Bitwise intends to redefine the crypto ETP market and compete with 21Shares by introducing staking incentives to European investors, according to Blockworks.
Read more: Spanish Bank Invests In Bitwise Aptos Staking ETP On SIX
While Current US Regulations Exclude Staking Rewards From ETFs
Staking benefits cannot be included in Solana ETFs due to US regulatory issues, limiting investor appeal. Bitwise has created BSOL to encourage staking while awaiting US regulatory clarity, focusing on Europe. Bitwise improves its infrastructure and stays ahead with this strategy.
Bitwise’s action suggests openness to US policy reforms. As speculation on the SEC under new leadership grows, the business is preparing to integrate staking rewards in its US offers soon. The proactive approach keeps Bitwise competitive worldwide and ready to profit from shifting legal circumstances.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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Bitwise Brings Solana Staking ETP To Europe Amid US Delays
Key Points:
- Bitwise has introduced a Solana Staking ETP in Europe with competitive rewards, enhancing its staking infrastructure through Marinade.
- US regulatory hurdles prevent Solana Staking ETPs from including rewards, but Bitwise remains prepared for future opportunities.
Bitwise launches Solana Staking ETP in Europe via Marinade, offering 6.48% rewards, competing with 21Shares, amid US regulations limiting staking ETF rewards.
Bitwise Asset Management Has Launched a Solana Staking ETP in Europe
Bitwise Asset Management launched its European Solana Staking ETP with 6.48% annual dividends under the ticker BSOL. Marine as a stakeholder ensures robust infrastructure for its activities. European investors seeking Solana staking rewards may find BSOL attractive with a 0.85% annual management cost.
After Bitwise purchased ETC Group’s ESOL product, which gave Solana exposure but no staking incentives, BSOL was launched. Bitwise intends to redefine the crypto ETP market and compete with 21Shares by introducing staking incentives to European investors, according to Blockworks.
Read more: Spanish Bank Invests In Bitwise Aptos Staking ETP On SIX
While Current US Regulations Exclude Staking Rewards From ETFs
Staking benefits cannot be included in Solana ETFs due to US regulatory issues, limiting investor appeal. Bitwise has created BSOL to encourage staking while awaiting US regulatory clarity, focusing on Europe. Bitwise improves its infrastructure and stays ahead with this strategy.
Bitwise’s action suggests openness to US policy reforms. As speculation on the SEC under new leadership grows, the business is preparing to integrate staking rewards in its US offers soon. The proactive approach keeps Bitwise competitive worldwide and ready to profit from shifting legal circumstances.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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