Bitwise, which specializes in investing in digital assets, has updated its form with the U.S. Securities and Exchange Commission (SEC) for its Solana-based exchange-traded fund (ETF) (SOL) to include staking.
Changes are already reflected The new product name is “Bitwise Solana Staking ETF.”
In the amended registration statement submitted on October 8th, The company also details that the ETF will apply a 0.20% commission fee.
It is worth noting that the SEC has not yet approved or rejected the proposed changes Bitwise has put forward to its Solana-based products.
The deadline to respond to the request is tomorrow, October 10th, but the U.S. government is currently closed and likely We’ll have to wait a little longer to know the final answer.as reported by CriptoNoticias.
Due to the government shutdown, the SEC is operating with a limited number of staff and responding only to emergencies.
In addition to Bitwise, other companies such as Grayscale, Canary, VanEck, 21Shares, Franklin Templeton, and Fidelity are also awaiting approval or rejection of their Solana ETF proposal.
