Bitwise Explores Tokenizing Solana Staking ETF Shares

Bitwise Asset Management has partnered with tokenization firm Superstate to explore allowing investors to hold shares of its Solana staking ETF as blockchain-based tokens, marking a potential step toward integrating traditional investment products with onchain recordkeeping. The proposed structure would let investors choose between holding shares through the traditional Depository Trust Company system or having their ownership recorded on a blockchain, without altering the underlying rights of the investment.

Under the framework announced on August 14, 2026, investors would continue purchasing the same shares of the Bitwise Solana Staking ETF, which trades on NYSE Arca under the ticker BSOL, through existing channels. The only change would be in how ownership is recorded. Shareholders could elect to maintain their holdings in conventional book-entry form or opt for tokenized shares recorded on a blockchain via Superstate's registered transfer agency infrastructure. Bitwise emphasized that tokenized shares would carry identical legal and economic rights as traditional shares but would not be freely transferable outside the designated compliance system.