Bitwise Launches Solana Staking ETP on Deutsche Börse Xetra

Bitwise Asset Management has launched the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, offering institutional-grade exposure to staked Solana (SOL). BSOL delivers optimised returns, transparency, and liquidity while supporting Solana’s blockchain. This marks Bitwise’s third staking ETP this year, highlighting its growing European presence and commitment to innovative digital asset investment solutions.

Bitwise Launches Solana Staking ETP
Bitwise Launches Solana Staking ETP

Bitwise Asset Management, a global leader in cryptocurrency and digital asset investment solutions, has announced the launch of the Bitwise Solana Staking ETP (BSOL). The ETP, designed to provide institutional-grade exposure to Solana’s native cryptocurrency, SOL, is now listed on Deutsche Börse Xetra. This innovative product offers European investors a transparent and high-performance vehicle for participating in Solana staking.

The Bitwise Solana Staking ETP stands apart as a fully backed product that delivers optimised staking returns and enhanced performance. The product is benchmarked against the Compass Solana Total Return Monthly Index (Bloomberg: SOLTRM, Reuters: .SLTRM), providing a transparent framework for evaluating performance.

“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,” said Hunter Horsley, CEO and Co-Founder of Bitwise.

By staking SOL through the ETP, investors contribute to securing the Solana blockchain and earn additional rewards, similar to receiving dividends. However, only those who delegate SOL tokens to validators can actively participate in staking.

Solana: A leader in blockchain innovation

Solana, a proof-of-stake blockchain launched in 2020, has rapidly emerged as a top platform for decentralised applications, smart contracts, and NFTs. Known for its monolithic, single-layer architecture, Solana processes up to 65,000 transactions per second, making it one of the fastest blockchains globally. Its speed, scalability, and low costs have positioned Solana as a favourite among retail users and high-throughput applications.

This robust infrastructure has propelled Solana’s native token, SOL, into the top ranks of global cryptocurrencies. With a thriving developer ecosystem and proven stability, Solana is projected to achieve widespread adoption as a “retail chain” by 2025.

Bitwise’s expanding European presence

The launch of BSOL marks Bitwise’s second major product introduction in Europe this year, following its acquisition of the ETC Group in August. The company has been focused on building an institutional-grade crypto ETP platform in Europe, offering a suite of products tailored to meet the demands of investors. Other key offerings include:

  • BTCE – Europe’s most liquid physically backed Bitcoin ETP (Ticker: BTCE, ISIN: DE000A27Z304).
  • BTC1 – The lowest-cost Bitcoin ETP on the market (0.20% p.a.).
  • ET32 – Bitwise Ethereum Staking ETP (Ticker: ET32, ISIN: DE000A3G90G9), which debuted earlier this year.

Bitwise’s total client assets surpassed $12 billion in 2024, underscoring its rapid growth in the digital asset space.

Key features of BSOL

The Bitwise Solana Staking ETP is designed to maximise returns while minimising costs. Key features include:

ETP Name  Bitwise Solana Staking ETP 
Primary Ticker  BSOL 
ISIN  DE000A4A59DZ 
WKN  A4A59D 
TER  0.85% p.a. 
Asset Class  Digital Assets 
Strategy  Staked SOL Total Return 
Underlying exposure  Staked Solana (SOL) 
Benchmark  Compass Solana Total Return Monthly Index 
Replication method  Physical (Full replication) 
Domicile  Germany 
Primary listing  Deutsche Börse XETRA 
Primary listing trading currencies  EUR, USD 
Issuer  Bitwise Europe GmbH 

Delivering transparency and liquidity

BSOL offers investors low-cost, transparent, and liquid access to staked SOL. With its institutional-grade design, BSOL is positioned to redefine performance and transparency in the staking ETP market.

“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,” Horsley added.

With plans to rebrand its European portfolio and expand its offerings, Bitwise remains at the forefront of crypto investment solutions. The launch of BSOL reinforces its leadership in the staking ETP market while catering to the growing demand for innovative, institutional-grade digital asset products.

About Bitwise

Bitwise is one of the top companies in the world that specializes in managing crypto assets. It works with thousands of financial advisors, family offices, and institutional investors around the world, helping them understand and take advantage of the opportunities in cryptocurrency. Since 2017, Bitwise has built a strong reputation for managing a wide range of investment solutions, including index funds, active strategies, exchange-traded products (ETPs), private funds, hedge funds, and staking services. These services are available in both the U.S. and Europe.

In Europe, Bitwise (previously known as ETC Group) has created a variety of crypto ETPs over the past four years. This includes Europe’s most traded physical Bitcoin ETP and the first diversified Crypto Basket ETP, which follows an MSCI digital assets index.

The crypto ETPs from Bitwise are based in Germany and have approval from BaFin, the German financial regulator. Bitwise works only with trusted partners from traditional finance, making sure that all assets are stored securely offline (in cold storage) by regulated custodians.

Bitwise’s European products are a collection of well-designed financial tools that can easily be added to any professional investment portfolio, offering broad exposure to cryptocurrency as an asset class. These products are easy to access through major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETFs in Europe. Retail investors can also access these products easily through many DIY or online brokers, enjoying the benefits of Bitwise’s secure and reliable ETP structure, which includes a redemption option.