Bitwise Introduces 0.20% Fee for Solana ETF with Staking Feature

Asset manager Bitwise has updated its U.S. Solana ETF filing to include staking and a 0.20% annual fee, reflecting the competitive landscape in the crypto exchange-traded fund (ETF) market. The amendment submitted to the Securities and Exchange Commission marks Bitwise’s fifth update to its Solana ETF proposal as firms await SEC approvals. Analysts are particularly impressed by Bitwise’s low fee strategy, which aligns with Bitcoin and Ethereum ETFs approved last year, potentially attracting more investors.