Bitwise & 21Shares Turbocharge Solana and Ethereum ETFs With Staking and Aggressive Fee Cuts

Wall Street's crypto embrace accelerates as major players deploy staking weapons and fee slashing tactics.
The Fee War Escalates
Bitwise and 21Shares just fired the latest salvo in the ETF arms race—embedding staking rewards while dramatically cutting management fees. Their amended SEC filings reveal a strategic pivot toward capturing institutional flows seeking yield beyond simple price appreciation.
Solana's Institutional Moment
The Solana ETF proposal now includes native staking mechanics, potentially unlocking billions in dormant institutional capital. Meanwhile, Ethereum's staking integration positions these funds as direct competitors to traditional yield products—with blockchain-level returns.
The Bottom Line
Another case of financial giants realizing they can't beat crypto's native yield—so they're finally joining it. The race to zero fees continues, because apparently even Wall Street understands that charging 2% for custody doesn't fly in a 5% staking yield world.