Editor's PiCK

Bitwise Solana ETF to Launch on NYSE Tomorrow

Source
Uk Jin

Summary

  • Bitwise said it plans to list the Solana (SOL) staking ETF 'BSOL' on the New York Stock Exchange (NYSE) tomorrow.
  • BSOL is the first ETP directly exposed to 100% spot Solana.
  • Amid an acceleration in altcoin exchange-traded fund (ETF) launches, Canary Capital and Grayscale are also preparing to launch LTC, HBAR, and SOL ETFs, respectively.

It appears that the launch of altcoin exchange-traded funds (ETFs), including Solana (SOL), is accelerating.

On the 27th (local time), The Block reported that Bitwise said via X (formerly Twitter), "The Bitwise Solana Staking ETF 'BSOL' will list on the NYSE tomorrow," adding, "BSOL is the first ETP directly exposed to 100% spot Solana (SOL)."

This listing is connected to the broader wave of other crypto asset exchange-traded fund (ETF) launches. Canary Capital plans to list a Litecoin (LTC) ETF and a Hedera (HBAR) ETF on Nasdaq on the 28th, and Grayscale plans to launch a Solana Trust ETF on the 29th.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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