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Bitwise sets a low fee rate of 0.20% for the Solana stake ETF.
Golden Finance reported that Bitwise has set a 0.20% management fee for its Solana stake exchange-traded fund (ETF), which is lower than some analysts' expectations. The fees for Bitcoin and Ethereum ETFs are also at this level when they receive approval from the U.S. Securities and Exchange Commission (SEC). Analysts indicate that low fees help attract investors, signaling potential capital inflows. In addition, 21Shares announced that it will include staking features in its Ethereum ETF and implement a one-year waiver for sponsorship fees. The U.S. government shutdown has delayed the SEC's approval process for potential crypto ETFs.