Solana staking ETFs are ‘missing part of puzzle’: Bitwise CIO
The post Solana staking ETFs are ‘missing part of puzzle’: Bitwise CIO appeared on BitcoinEthereumNews.com.
Solana staking exchange-traded funds have a promising future on traditional stock exchanges after Bitwise’s fund debut on the New York Stock Exchange surpassed $56 million in first-day trading volume. Matt Hougan, Bitwise chief investment officer, described the Bitwise Solana Staking ETF (BSOL) as “the missing part of the puzzle” in conversation with Cointelegraph’s Chain Reaction daily show, as the product attracted millions of dollars in investment on the NYSE. So, @BitwiseInvest Solana Staking ETF totalled $56M in trading volume after its debut on @NYSE 💰 As @EricBalchunas reported, it’s the biggest ETF debut in 2026.@Matt_Hougan described $BSOL as “the missing part of the puzzle”. Here’s why @solana staking ETFs WILL attract… pic.twitter.com/syFGy6Dwm9 — Gareth Jenkinson (@gazza_jenks) October 29, 2025 Hougan said that until this point, investors stood to gain more by owning Solana in ways that allowed them to directly stake the asset and earn yield than invest in an ETF or product that didn’t allow for staking. “Once you put it into an ETF, you get all the great things about an ETF. Extremely low costs, institutional custody. You can purchase it in your brokerage account. It’s push-button easy. And you get that staking done for you,” Hougan said. “I think it’s going to become one of the primary ways that people invest in Solana, globally. I think it’s that big a deal.” Investors want custody AND staking yield Hougan unpacked the difference between conventional crypto ETFs like Bitcoin and Ethereum products, which primarily give investors exposure to the underlying asset. Staking ETFs have a twofold benefit for investors, as Hougan explained. “So as an investor in something like $BSOL, not only are you getting the returns of Solana, but every year you get somewhere around 7% of additional Solana on top of that. For a TradFi investor, it’s…