Bitwise’s Low Fee Solana ETF Filing Sets Off Competitive Race

In a move that has ignited a competitive battle in the Solana ETF space, Bitwise Asset Management has proposed a 0.20% management fee for its U.S.-based Solana (SOL) exchange-traded fund (ETF). This filing, which includes staking features, marks an aggressive strategy as issuers vie to attract investor inflows early on. The move follows the launch of REX-Osprey’s (SSK) Solana Staking ETF, which opened with $12 million in inflow and a 0.75% fee. Analysts predict that Bitwise’s low fees could prove highly attractive for investors seeking the most favorable pricing options.