As per ZyCrypto, Solana (SOL) is experiencing bullish momentum as Bitwise launches a Solana Staking Exchange Traded Product (ETP) on the Frankfurt Stock Exchange Xetra. The product, trading under the ticker BSOL, offers institutional-grade exposure to Solana's native cryptocurrency, SOL, with staking rewards up to 6.4%. This move aligns with expectations of spot SOL ETF approvals in the U.S. and follows bullish price projections above $250 for Solana. Bitwise CEO Hunter Horsley emphasized the company's commitment to expanding its crypto market offerings, marking this as their third staking ETP this year. The launch comes amid increased institutional interest and Solana's strong performance against altcoin rivals like Ethereum.
Bitwise Launches Solana Staking ETP Amid Bullish Projections
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