New Solana ETF Draws Strong Flows in Debut

The Bitwise Solana Staking ETF (BSOL), the first of its kind, launched last week with full staking exposure to Solana — the sixth-largest token — yielding around 7%, according to Dune Analytics. A slew of ETFs focused on smaller cryptocurrencies are starting to make their Wall Street debut, with issuers going ahead with the listings amid the ongoing government shutdown. SEC shutdown guidance allows some filings to go effective automatically after 20 days — a procedural quirk crypto ETF issuers appear to have capitalized upon. Bitwise Asset Management CIO Matt Hougan joins "Bloomberg ETF IQ". (Source: Bloomberg)