Bitwise Asset Management has updated its proposed Solana exchange-traded fund (ETF) to explicitly include “Staking” in the fund’s name and disclosed a 0.20% unitary sponsor fee—one of the lowest headline fees yet seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the amendment late Wednesday, writing: “NEW: Bitwise files an update to their Solana ETF filing to include Staking in the name and provides the fee. Fee will be 0.20%.”

In follow-up posts, Seyffart added that “no fee for the first 3 months and for the first $1 billion in AUM [assets under management]” would apply—an aggressive launch incentive mirroring the fee-war playbook that helped turbocharge spot bitcoin ETFs at the start of the year. Eric Balchunas, his colleague at Bloomberg, underscored the move’s competitive

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