Financial firm Bitwise has launched the Bitwise Solana Staking ETF (BSOL) on the New York Stock Exchange. This novel offering provides investors with direct exposure to Solana (SOL) through the ETF, along with the potential for staking rewards without handling private keys or direct staking. 3 Key factors contributing to this launch are: 1) the integration of Solana into mainstream investment portfolios. BSOL allows investors to access Solana’s growth without managing private keys, and with a straightforward structure that simplifies participation. 2) The ETF’s unique model that aligns it with Bitcoin and Ethereum by enabling direct exposure in regulated U.S. markets. This structure has attracted interest from both institutional and retail investors seeking to navigate the complexities of crypto investments. 3) The emergence of a wave of new cryptocurrency-focused ETFs in the U.S. market. BSOL, along with other new products, is pushing for wider adoption and increased accessibility for crypto assets.