Solana’s Bitwise SOL Staking ETF (BSOL) Goes Live on Oct 28 with Direct SOL Staking and 100% Spot SOL
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On October 28, Multicoin Capital managing partner Kyle Samani indicated on social media that the Bitwise SOL Staking ETF (BSOL) is set to go live on Tuesday, October 28, shortly after U.S. markets open, with timing aligned to Beijing time. This marks another entry into the SOL spot ETF landscape.
BSOL stakes SOL directly from a custody wallet, delivering daily reward accrual and full spot SOL exposure. By contrast, the rival REX-Osprey SOL spot ETF (SSK) relies more on indirect staking through other ETPs, with a portion held in liquid staking tokens due to its filing and operational design differences.
An update later indicated that Samani deleted the related tweet, with no official reason provided. The episode highlights the sensitivity of crypto ETF communications and the ongoing evolution of regulatory disclosures in the space.