BlockBeats News: On October 28th, Multicoin Capital Managing Partner Kyle Samani announced on social media that the SOL spot ETF with staking services—Bitwise SOL Staking ETF—will go live on Tuesday, October 28th (Tuesday night after the U.S. stock market opens, Beijing time).
BlockBeats Note: There are some differences in compliance and asset composition between Bitwise SOL Staking ETF (BSOL) and the previously listed REX-Osprey SOL Spot ETF (SSK). These differences mainly stem from their filing processes, regulatory disclosures, and operational structures. REX-Osprey SOL primarily directly stakes SOL (the majority of assets), with 40% staked indirectly through other ETPs and a small portion in liquid staking tokens. On the other hand, Bitwise SOL Staking ETF (BSOL) will stake SOL directly from the custody wallet, accumulate rewards daily, and increase the per-unit SOL holding amount. The asset composition is 100% spot SOL.
