Solana ETF Evolution: Bitwise Integrates Staking with Competitive 0.20% Fee Structure
In a significant development for cryptocurrency investment vehicles, Bitwise has amended its Solana ETF application to incorporate staking capabilities, marking a strategic enhancement aimed at boosting investor returns. The updated filing, dated October 10, 2025, reveals an attractive fee structure of just 0.20%, positioning this ETF as one of the most cost-efficient options for gaining exposure to Solana's ecosystem. This move demonstrates the growing sophistication of institutional digital asset products, where staking mechanisms are increasingly becoming standard features rather than optional additions. The inclusion of staking functionality represents a crucial evolution in crypto ETFs, allowing investors to participate in network validation while earning additional rewards beyond simple price appreciation. Bitwise's competitive pricing strategy at 0.20% significantly undercuts many traditional crypto investment products, potentially making Solana exposure more accessible to mainstream investors. This development comes amid increasing institutional recognition of proof-of-stake networks and their revenue-generating potential through staking mechanisms. The amended filing signals Bitwise's confidence in Solana's long-term viability and the growing demand for sophisticated crypto investment products that leverage blockchain-native features. Industry analysts view this as a positive step toward bridging traditional finance with decentralized finance principles, potentially setting a new standard for future crypto ETF offerings. As regulatory frameworks continue to evolve, such innovative product structures could accelerate institutional adoption of digital assets while providing retail investors with more sophisticated tools for portfolio diversification.
Bitwise Updates Solana ETF Filing to Include Staking Feature with 0.20% Fee
Bitwise has amended its solana ETF application to incorporate staking capabilities, signaling a strategic move to enhance investor returns. The updated filing reveals a competitive fee structure of 0.20%, positioning it as a cost-efficient vehicle for crypto exposure.
This development reflects growing institutional sophistication in digital asset products, with staking mechanisms becoming a standard feature for yield generation. The Solana blockchain's high throughput and low-cost transactions make it an attractive candidate for such financial instruments.
Helius Plans $6B Solana Acquisition in Strategic Treasury Expansion
Helius, a digital asset treasury firm, is positioning itself to acquire 5% of Solana's circulating supply—a $6 billion strategic move that WOULD cement its role as a major institutional holder. The acquisition hinges on market capitalization thresholds and regulatory approvals, with Hong Kong slated as a secondary listing venue within six months.
Joseph Chee, architect of Helius' SOL treasury strategy, transformed the former healthcare tech company into a digital asset powerhouse after securing $500 million in funding last month. "We will come here as soon as possible," Chee told Hong Kong Economic Times, referencing the firm's Asian expansion plans.
Zhu Junwei, Helius Solana Company's executive chairman and former UBS Asia investment banking head, framed the acquisition as critical infrastructure for capital flows. "DATs trade at NAV premiums because they're flywheels—each token's value compounds through continuous issuance," Junwei observed, drawing parallels to traditional treasury mechanisms.
Helius Eyes Solana Acquisition: Hong Kong Listing Next?
Helius Medical Technologies is reportedly planning to significantly increase its Solana (SOL) reserves, with potential acquisitions targeting at least 5% of the cryptocurrency's circulating supply. The announcement has already catalyzed a sharp price rebound for SOL, which had recently traded NEAR multi-week lows.
Market participants are speculating whether this strategic accumulation could precede a public listing attempt in Hong Kong, where crypto-friendly regulations have recently attracted institutional capital. Solana's ecosystem growth and institutional adoption remain key narratives driving its valuation.
Solana's Technical Patterns Suggest Potential Rally to $425
Solana (SOL) is drawing significant attention as it forms a cup and handle pattern on its monthly chart, a technical setup often preceding bullish breakouts. The cryptocurrency currently trades around $225, with a $7.3 billion 24-hour trading volume, showing modest gains of 1% daily and weekly.
The pattern's completion could propel SOL toward $425, based on Fibonacci extensions, with a secondary target near $624. Key resistance lies between $270 and $301—a breakout above this zone may confirm the upward trajectory.
Supporting the bullish case, SOL's monthly MACD indicator shows a bullish crossover, while an ascending triangle formation points to potential resistance near $380. These technical signals align with growing Optimism among traders about Solana's mid-term prospects.
Sharps Technology Expands $400M Solana Treasury via Coinbase Partnership
Sharps Technology has deepened its commitment to digital asset treasury management through a strategic alliance with Coinbase Global. The medical device firm, already holding over 2 million SOL tokens valued at $400 million, will leverage Coinbase Prime's institutional custody and trading infrastructure.
The collaboration signals growing institutional confidence in regulated crypto service providers. "Coinbase provides the liquidity and pricing necessary to execute our Solana-focused strategy effectively," said James Zhang, Strategic Advisor to Sharps. The move comes as corporations increasingly allocate treasury reserves to blockchain-native assets.
Polymarket Founder Hints at Token One Day After $2 Billion ICE Investment
Polymarket's founder teased a potential POLY token through a cryptic social media post, though the prediction platform has yet to release formal details on tokenomics or distribution. The speculation follows Intercontinental Exchange's landmark $2 billion investment in the platform—a vote of confidence from the NYSE parent company that could accelerate institutional adoption of information markets.
Market observers note a POLY launch at Solana's $124 billion valuation benchmark could eclipse Arbitrum's record $1.6 billion airdrop. The timing is conspicuous: ICE framed its investment as a bet on event-driven data markets just hours before founder Shayne Coplan's token hint surfaced. The 27-year-old recently joined Bloomberg's Billionaires Index as its youngest self-made member.
Polymarket's election and sports prediction pools have gained traction among both retail and institutional participants seeking alternatives to traditional polling. The platform saw record volume during the 2024 U.S. election cycle, though Wednesday's social media teaser provided no technical whitepaper or roadmap.