Bitwise 'not playing around,' sets 0.20% fee for its Solana staking ETF
Quick Take Bitwise stated that it would charge a 0.20% fee, which one analyst noted was lower than expected. Fees for Bitcoin ETFs and Ethereum ETFs are also within that 0.20% range when they got the SEC’s approval last year.
Crypto index fund manager Bitwise designated a 0.20% fee for its Solana staking exchange-traded fund as firms inch closer to getting the Securities and Exchange Commission's blessing for dozens of crypto ETFs.
In an amendment to its registration statement filed on Wednesday for the Bitwise Solana Staking ETF, the firm stated that it would charge a 0.20% fee, which one analyst noted was lower than expected.
"Bitwise not playing around, plans to charge just 0.20% for their spot Solana ETF," said Bloomberg Senior ETF analyst Eric Balchunas on Wednesday in a post on X. "Thought we'd see higher first, need war to get this low."
"Low fees have near perfect record of attracting investors so good sign for inflow potential," he added.
Fees for Bitcoin ETFs and Ethereum ETFs are also within that 0.20% range when they got the SEC's approval last year. Dozens and dozens of proposals have been filed for several types of crypto ETFs over the past year, from ones tracking DOGE to LTC to SOL. During the Biden administration, the SEC greenlighted spot Bitcoin ETFs and later Ethereum ETFs, following a pivotal court ruling brought by Grayscale.
Potential crypto ETF approvals, however, have been put on ice after the U.S. government shutdown last week after Congress failed to reach a deal on funding. This means that the SEC is currently working under an operations plan whereby it has an "extremely limited number of staff members available to respond to emergency situations," according to that guidance .
Also on Wednesday, 21Shares said it would be introducing staking to its 21Shares Ethereum ETF as well as a one-year waiver of its sponsor fee.
"Enhancing the 21Shares Ethereum ETF through staking represents the natural evolution of Ethereum investment products in the U.S. market, enabling investors to benefit from potential yield-generation on the Ethereum protocol," the firm said in a statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: MoonBull’s Unique Ethereum Foundation Distinguishes It in the Competitive Meme Coin Space
- MoonBull ($MOBU) surges in Stage 6 presale with 7,244% ROI potential, leveraging Ethereum's security and deflationary tokenomics. - A structured referral system offers 15% extra tokens and USDC bonuses, driving $600K+ raised and 2,000+ holders. - Unlike meme coins, MoonBull's Ethereum-based model with staking and governance aims for sustainability, contrasting with volatile alternatives like TRUMP and XRP . - Analysts caution about crypto volatility, emphasizing ROI projections depend on market condition
From Pharmaceuticals to Blockchain: Lite Strategy's $100 Million LTC Reserve Disrupts Traditional Finance
- Lite Strategy (LITS) becomes first U.S. publicly traded company to adopt Litecoin as primary reserve asset after $100M private placement. - Partnership with crypto firm GSR and Litecoin creator Charlie Lee on board aims to institutionalize digital treasury management amid volatile markets. - $12.21M working capital and 12.39 current ratio highlight liquidity strength despite 18% YTD stock decline and mixed institutional investor reactions. - Strategic shift from pharmaceuticals to crypto reserves challen
Malaysia’s Broad Trade Approach Counters Trump Tariffs, Fuels 5.2% Economic Expansion
- Malaysia navigated Trump's 2025 tariffs via trade diversification and diplomacy, avoiding panic amid global market shocks. - U.S. reduced tariffs to 19% in October 2025 after Malaysia opened markets, coinciding with 5.2% Q3 GDP growth driven by exports and fiscal discipline. - Strategic trade ties with China, Singapore, and U.S. mitigated protectionist impacts, supported by ASEAN coordination and non-retaliatory policies. - Malaysia's $250M investment in semiconductor design and renewable energy reflects
Lite Strategy’s Balancing Game in Crypto-Pharma: Is It Possible to Manage Instability and Tradition Together?
- Lite Strategy (LITS) rebranded from MEI Pharma to focus on Litecoin , acquiring 929,548 LTC via a $100M PIPE in July 2025. - The company partners with GSR for crypto treasury management and launched a $25M share repurchase program in October 2025. - LITS holds $12.21M in working capital with no debt, while balancing pharmaceutical asset sales (e.g., ME-344) with crypto investments. - Despite strong liquidity (current ratio 12.39), the stock faces volatility risks and regulatory uncertainties in its crypt
Trending news
MoreCrypto prices
More
