Bitwise Staking in Solana ETF: What It Means for Solana Price

Bitwise Asset Management updated its U.S. filing for a Solana exchange-traded fund (ETF) in recent days. The proposal included built-in staking and a 0.20% annual fee for investors on Cboe BZX.

The strategy aimed to make the fund more competitive in a crowded field. The design paired exposure to SOL with a mechanism to earn network rewards under a regulated wrapper.

How the Filing Changed and Why it Mattered

In recent Solana news, Bitwise described a vehicle that held SOL and delegated stakes to validators. The fund intended to capture staking rewards inside the structure.

The manager said it would use a straightforward approach and keep clear operational controls.

The filing set the annual sponsor fee at 0.20%. That level matched Bitwise’s pricing for its other large token products. The choice signaled a push for uniform pricing across the firm’s lineup.

Bitwise selected a daily reference rate from CF Benchmarks for valuation. That rate produced a net asset value that investors and market makers could track.

It offered a published methodology and clear timing. The plan proposed listing on Cboe BZX under the ticker BSOL. The exchange already handled several digital-asset products.

The infrastructure and creation-redemption process followed familiar patterns for commodity-based funds.

The staking feature separated this proposal from a plain exposure fund. Staking let the trust participate in the network’s consensus process.

The approach aimed to deliver additional SOL to the fund over time. Bitwise positioned staking as a source of incremental return.

The manager also acknowledged operational realities. It planned controls around validator selection, rewards flow, and any unbonding periods.

Grayscale updates Solana Trust S-1 with 0.35% fee. | Source: MartyParty, X

Solana ETF News: SOL Price Context and Investor Takeaways

ETF structures often change how traditional investors access tokens. A U.S. vehicle could remove friction for institutions that faced custody limits.

It could also simplify access for brokerage accounts that handled exchange-traded products. Those design shifts could affect liquidity and flows.

Larger capital pools used mandates that preferred regulated wrappers. A listing might channel those flows into SOL without requiring self-custody setups, this impacting its price moves.

Solana (SOL) price often responds to clear changes in access and demand. Primary catalysts included listing milestones, rule updates, or material changes in fees.

Each factor could alter the expected path of flows into or out of the asset. Recent commentary from JPMorgan analysts added further context on institutional interest in Solana ETF.

They said regulatory progress and improved infrastructure made approval prospects more realistic in the medium term.

The bank noted that maturing custody systems, transparent pricing frameworks, and the success of prior spot ETF rollouts created a favorable setup for Solana-linked products.

According to the report, if U.S. regulators eventually approve such funds, capital flows into SOL could accelerate, strengthening the investment case for products like Bitwise’s BSOL.

Market participants evaluated how staking interacted with liquidity. Staking could enhance expected returns inside the fund.

It could also introduce small timing frictions when moving between staked and liquid positions. Investors tracked the balance between creation-redemption efficiency and staking depth.

The goal involved tight primary-market spreads and reliable secondary-market liquidity. Those conditions helped keep the vehicle aligned with its reference rate.

What Could Drive Solana (SOL) Price After ETF Approval

Bitwise designed the Solana ETF, BSOL to fit within that framework where possible. The manager still needed to address any novel features during review.

Staking remained the key variable in that process. Regulators would examine how rewards, slashing risk, and validator oversight were handled.

They would also assess how the fund managed unbonding and any related liquidity windows. If approvals proceeded, market makers would stand up a primary-market process.

Creations and redemptions would rely on a liquid SOL market and robust custody. Efficient primary flows tended to support tighter spreads over time.

Portfolio managers evaluated operational risks alongside potential reward streams. Validator concentration, yield dispersion, and downtime risk entered the checklist.

The fund’s policies on validator rotation and limits mattered for risk control. Index methodology played a role in daily valuation. CF Benchmarks’ reference rate followed a published rule set.

That structure aimed to reduce outlier prints and venue noise during fixing windows. The sponsor fee at 0.20% framed the product’s baseline cost.

Investors compared that level with direct staking and competing wrappers. All-in performance would reflect fees, any staking take-rate, and net rewards.

Distribution channels also influenced first-day flows. Wirehouse approvals, RA platforms, and model portfolios determined early access.

Solana News: What Will Determine Positive Outcomes

Broader distribution often correlated with higher assets and steadier liquidity. Communication around staking operations would remain important.

Clear disclosures on reward accounting, compounding, and any slashing protections helped. Consistent reporting supported confidence in the vehicle’s process.

Secondary-market behavior then shaped tracking outcomes. Tight spreads and deep order books reduced trading costs. Liquidity providers relied on predictable primary-market mechanics to hedge risk.

Scale could also support more sophisticated validator strategies within defined risk limits. Finally, the presence of a U.S. ETF changed the set of potential holders.

Retirement accounts, advisory platforms, and institutions gained an easier path to SOL exposure through the Solana ETF. That shift could matter more than short-term flows around a listing date.

Path Forward: Catalysts and Key Checks

Investors focused on three signposts. First, whether the Solana ETF, BSOL qualified under the generic standards without extra conditions.

Second, how staking policies balanced rewards and day-to-day liquidity. Third, whether distribution partners opened access on launch.

Those factors, together, would shape initial demand and tightness of tracking. Clear operations, transparent reporting, and efficient primary flows would likely matter most once trading began.

Source: https://www.thecoinrepublic.com/2025/10/10/bitwise-staking-in-solana-etf-what-it-means-for-solana-price/