Crypto ETF Mania Set For Tuesday: Bitwise BSOL Goes Live in Major Day For Alts

Posted On October 28, 2025

A fresh leg of the US crypto ETF cycle arrives Tuesday, with Bitwise Solana Staking ETF (ticker: BSOL) slated to begin trading on the NYSE, positioning Solana alongside Bitcoin and Ether in the public markets toolkit just as investors square up for mega-cap tech earnings and the Fed’s FOMC policy decision mid-week.

Bitwise says the new TradFi aimed product, BSOL, will offer 100% spot SOL exposure and stake the fund’s holdings, operationally supported by infrastructure firm Helius, marking the first US exchange-traded product to pair spot Solana exposure with an in-fund staking mandate.

BSOL Is First To Land in Super Tuesday For Altcoin ETFs

The BSOL debut arrives amid a broader push for altcoin ETFs. Nasdaq is set to list Canary Capital’s Litecoin and Hedera funds on Tuesday, with information circulars posted confirming tickers and timing; the Grayscale Solana Trust ETF is expected to follow on Wednesday, subject to final effectiveness.

The batch effectively extends 2024’s Bitcoin and Ether ETF breakthroughs into single-asset products beyond the big two. A huge milestone for the market.

That acceleration has been enabled by regulatory plumbing changes. In September, the SEC finalized generic listing standards that streamline exchange approvals for commodity-style spot ETPs meeting specific criteria, a shift analysts said would compress timelines and catalyze a fourth-quarter wave of crypto funds.

During the ongoing government shutdown, the SEC’s Division of Corporation Finance also clarified that issuers can file S-1s without delaying amendments, allowing registrations to go effective automatically after 20 days, absent further staff action.

Together, those mechanics explain how multiple crypto ETFs can come to market this week despite limited agency staffing.

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ETF Money Enters Scene: A New Epoch For Solana?

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For Solana, a public-markets wrapper with embedded staking is not just optics. Staking yields have historically been around mid-single digits, creating a structural tracking-plus-carry profile that long-only investors can underwrite in brokerage accounts, potentially broadening demand and deepening secondary-market liquidity around SOL.

If BSOL attracts early assets, the primary market’s stake-and-create workflow could tighten spreads and steady flows during macro volatility, a relevant test as investors parse Big Tech earnings for AI-capex run-rates and await the FOMC’s rate signal on Wednesday.

However, it’s essential to note that the competitive field is expanding rapidly. Alongside Bitwise and Canary, multiple issuers, including big names like Grayscale, 21Shares, Franklin Templeton, VanEck, and Fidelity, have Solana proposals in the queue, with several disclosing low-fee structures and staking features to win a share in a market newly open to single-asset crypto ETFs.

The NYSE and Nasdaq have already posted the necessary listing acknowledgements, and issuers have been coordinating with CorpFin for weeks to finalize prospectus details despite the shutdown.

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What Does This Mean For You, the Retail Trader?

The market impact lands on three fronts. First, flows: a spot-and-stake ETF gives allocators a compliant way to express SOL beta plus yield, which could redirect capital from offshore ETPs or direct custody.

Second, price discovery: on-exchange creations/redemptions can improve NAV discipline and reduce weekend price dislocations.

Third, precedent: if the week’s launches function smoothly under the new standards, expect a rapid expansion of single-asset ETFs (XRP among the likely next cohort) before year-end.

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The post Crypto ETF Mania Set For Tuesday: Bitwise BSOL Goes Live in Major Day For Alts appeared first on 99Bitcoins.

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