Bitwise sets a low rate of 0.20% for the Solana pledged ETF.
2025-10-08 22:50:05
Bitwise set a 0.20% management fee for its Solana pledged exchange-traded fund (ETF), lower than some analysts expected. Bitcoin and Ethereum ETFs also paid the same fee when they were approved by the US Securities Supervision Commission (SEC). The low fees helped attract investors, the analysis said, indicating the potential for capital inflows. In addition, 21Shares announced that it would add a staking function to its Ethereum ETF and introduce a one-year exemption for sponsorship fees. The US government shutdown has delayed the SEC's approval of potential crypto ETFs.
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