bitcoin
Bitcoin (BTC) $ 98,776.47
ethereum
Ethereum (ETH) $ 3,621.59
tether
Tether (USDT) $ 0.999822
bnb
BNB (BNB) $ 713.48
xrp
XRP (XRP) $ 2.47
cardano
Cardano (ADA) $ 1.10
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.521282
binance-usd
BUSD (BUSD) $ 1.03
dogecoin
Dogecoin (DOGE) $ 0.379833
okb
OKB (OKB) $ 51.09
polkadot
Polkadot (DOT) $ 7.79
shiba-inu
Shiba Inu (SHIB) $ 0.000024
tron
TRON (TRX) $ 0.26976
uniswap
Uniswap (UNI) $ 15.15
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,403.37
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 112.55
staked-ether
Lido Staked Ether (STETH) $ 3,615.31
solana
Solana (SOL) $ 217.57
avalanche-2
Avalanche (AVAX) $ 41.99
chainlink
Chainlink (LINK) $ 23.81
cosmos
Cosmos Hub (ATOM) $ 7.34
the-open-network
Toncoin (TON) $ 5.79
ethereum-classic
Ethereum Classic (ETC) $ 28.27
leo-token
LEO Token (LEO) $ 9.12
filecoin
Filecoin (FIL) $ 5.65
bitcoin-cash
Bitcoin Cash (BCH) $ 475.91
monero
Monero (XMR) $ 201.62
bitcoin
Bitcoin (BTC) $ 98,776.47
ethereum
Ethereum (ETH) $ 3,621.59
tether
Tether (USDT) $ 0.999822
bnb
BNB (BNB) $ 713.48
xrp
XRP (XRP) $ 2.47
cardano
Cardano (ADA) $ 1.10
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.521282
binance-usd
BUSD (BUSD) $ 1.03
dogecoin
Dogecoin (DOGE) $ 0.379833
okb
OKB (OKB) $ 51.09
polkadot
Polkadot (DOT) $ 7.79
shiba-inu
Shiba Inu (SHIB) $ 0.000024
tron
TRON (TRX) $ 0.26976
uniswap
Uniswap (UNI) $ 15.15
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,403.37
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 112.55
staked-ether
Lido Staked Ether (STETH) $ 3,615.31
solana
Solana (SOL) $ 217.57
avalanche-2
Avalanche (AVAX) $ 41.99
chainlink
Chainlink (LINK) $ 23.81
cosmos
Cosmos Hub (ATOM) $ 7.34
the-open-network
Toncoin (TON) $ 5.79
ethereum-classic
Ethereum Classic (ETC) $ 28.27
leo-token
LEO Token (LEO) $ 9.12
filecoin
Filecoin (FIL) $ 5.65
bitcoin-cash
Bitcoin Cash (BCH) $ 475.91
monero
Monero (XMR) $ 201.62
Friday, January 3, 2025
bitcoin
Bitcoin (BTC) $ 98,776.47
ethereum
Ethereum (ETH) $ 3,621.59
tether
Tether (USDT) $ 0.999822
bnb
BNB (BNB) $ 713.48
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.47
binance-usd
BUSD (BUSD) $ 1.03
dogecoin
Dogecoin (DOGE) $ 0.379833
cardano
Cardano (ADA) $ 1.10
solana
Solana (SOL) $ 217.57
matic-network
Polygon (MATIC) $ 0.521282
polkadot
Polkadot (DOT) $ 7.79
tron
TRON (TRX) $ 0.26976
bitcoin
Bitcoin (BTC) $ 98,776.47
ethereum
Ethereum (ETH) $ 3,621.59
tether
Tether (USDT) $ 0.999822
bnb
BNB (BNB) $ 713.48
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.47
binance-usd
BUSD (BUSD) $ 1.03
dogecoin
Dogecoin (DOGE) $ 0.379833
cardano
Cardano (ADA) $ 1.10
solana
Solana (SOL) $ 217.57
matic-network
Polygon (MATIC) $ 0.521282
polkadot
Polkadot (DOT) $ 7.79
tron
TRON (TRX) $ 0.26976
HomeAll CoinsSolanaBitwise Launches Solana by Staking ETP on Deutsche Börse Xetra

Bitwise Launches Solana by Staking ETP on Deutsche Börse Xetra

Bitwise Asset Administration has launched the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, offering institutional and retail traders with simplified entry to Solana (SOL) staking rewards.

The brand new product is designed to ship superior returns and transparency, strengthening Bitwise's place within the European crypto funding market.

The BSOL ETP, which tracks the month-to-month Compass Solana Whole Return Index, supplies staked publicity to Solana (SOL) with a complete expense ratio of 0.85% every year.

The BSOL ETP is absolutely backed by staked SOL and supplies traders with clear efficiency benchmarks. Utilizing the Compass Solana Whole Return Month-to-month Index ensures a transparent analysis framework for monitoring returns. The first itemizing of the product on Xetra improves liquidity and accessibility for European traders.

Bitwise highlighted that the product's revolutionary staking mechanism units it aside by maximizing rewards whereas minimizing prices. It’s out there for buying and selling in Euros and US {Dollars}.

Growth of staking options

The launch of BSOL is Bitwise's third staking-focused ETP this 12 months, following the introduction of Ethereum and Aptos staking merchandise in February and November.

Hunter Horsley, CEO of Bitwise, referred to as Solana a “rising star” within the blockchain area, citing its scalability, pace and rising adoption.

See also  Bitcoin Rebounds Previous $61,000 Amid Fed Fee Reduce Hypothesis

He mentioned:

“With BSOL, we’re excited to supply traders a safe and clear approach to entry staking rewards on Solana. This launch displays our dedication to providing high-quality crypto options to a variety of traders.

Solana, a proof-of-stake blockchain identified for processing as much as 65,000 transactions per second, has rapidly turn out to be a number one platform for sensible contracts and NFTs. Its native token, SOL, ranks among the many high cryptocurrencies when it comes to market capitalization.

Development within the European market

The launch of BSOL follows Bitwise's August acquisition of ETC Group, a number one European crypto asset supervisor, and its continued growth within the area.

Bitwise has already established itself as a key participant with merchandise such because the Bitwise Core Bitcoin ETP and the Ethereum Staking ETP. The agency lately surpassed $12 billion in whole belongings beneath administration, reflecting important progress in 2024.

All Bitwise European ETPs are permitted by German regulator BaFin and use chilly storage for added safety. Within the coming months, the corporate plans to finish the rebranding of its European portfolio whereas introducing extra institutional-grade crypto merchandise.

Bitwise continues to develop its vary of crypto options to satisfy rising demand from institutional and retail purchasers, aiming to place itself on the forefront of crypto asset innovation.

See also  DOJ targets $16 million in Binance account linked to Sam Bankman-Fried corruption case
Talked about on this article
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular