TechFlow, October 9 — According to The Block, an amended registration statement filed by Bitwise Asset Management on Wednesday revealed that its Solana staking exchange-traded fund (ETF) will charge a fee of 0.20%, lower than market expectations. Bloomberg senior ETF analyst Eric Balchunas commented: "Bitwise didn't hesitate, planning to charge just 0.20% for its spot Solana ETF. Low fees have an almost perfect track record in attracting investors." This fee rate is comparable to those of the Bitcoin and Ethereum ETFs approved by the SEC last year. On the same day, 21Shares announced it would introduce staking functionality for its Ethereum ETF and offer a one-year waiver on sponsorship fees. However, due to the U.S. government shutdown, the SEC is currently only handling emergency matters, causing several crypto ETF approvals to be temporarily suspended.
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