Bitwise SOL Staking ETF to List on October 28th

BlockBeats News, October 28th, Multicoin Capital Managing Partner Kyle Samani stated on social media that the SOL spot ETF with staking service — Bitwise SOL Staking ETF will go live on Tuesday, October 28th (Tuesday night after the U.S. stock market opens in 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 (most 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 a custody wallet, with rewards accumulating daily and increasing the amount of SOL held per unit, and 100% of the holdings are in spot SOL.

0:56 Update: Kyle Samani has deleted the related content tweet, and the reason is currently unclear.