Bitwise sets a low 0.20% fee for Solana staking ETF

Jinse Finance reported that Bitwise has set a 0.20% management fee for its Solana staking exchange-traded fund (ETF), which is lower than some analysts had expected. Bitcoin and Ethereum ETFs also had fees at this level when they received approval from the US Securities and Exchange Commission (SEC). Analysts believe that the low fee rate helps attract investors and signals potential capital inflows. In addition, 21Shares announced that it will add staking functionality to its Ethereum ETF and implement a one-year waiver on sponsorship fees. The US government shutdown has temporarily delayed the SEC's review process for potential crypto ETFs.