Key Takeaways:
- BSOL options launched Nov. 11, two weeks after ETF debut.
- Fund holds $497.2M, offering 7.2% staking rewards.
- Options provide hedging and advanced trading strategies for institutions.
- BSOL dominates U.S. Solana ETF market with 98% of initial inflows.
Bitwise has expanded institutional access to Solana with the launch of options trading on its Solana Staking ETF (BSOL), just two weeks after the fund debuted. The move provides portfolio managers with advanced derivatives tools, enabling hedging, risk management, and complex trading strategies on SOL exposure.
Options Trading Brings Flexibility for Investors
BSOL options began trading on Nov. 11, offering strike prices from $16 to $26 and multiple expiration dates through May 15, 2026. The options are available via Interactive Brokers, with Bloomberg terminal data confirming active call and put contracts.
By introducing options so soon after the ETF launch, Bitwise sets a new precedent in crypto ETFs, outpacing Ethereum ETF options, which required 15 months to become available. Investors can now employ hedging strategies or generate additional income, providing greater control over SOL allocations.
Solana Staking ETF Captures Market Attention
The BSOL fund controls $497.2 million in assets, making it the largest Solana ETF in the U.S. and capturing 98% of total Solana ETF inflows since launch. The fund stakes all holdings, offering a 7.20% net reward rate with no management fees on the first $1 billion through Jan. 2026.
Also Read: SOL Strategies Secures $500M Funding to Boost Solana (SOL) Purchases and Staking Operations
With 22.4 million shares outstanding, BSOL surpasses competitors like Farside Investors’ $329.7 million Solana ETF. Its grantor trust structure ensures transparent tax reporting, while authorized participants can create or redeem shares in 10,000-unit blocks via cash or in-kind Solana transfers.
Institutional Adoption Fuels Solana Ecosystem Growth
The rapid launch of BSOL options underscores growing institutional interest in SOL. The network has seen DEX volumes surpass $5 billion, reflecting increased usage and investor confidence. Regulated products like BSOL provide professional managers with essential tools for portfolio allocation, risk management, and liquidity optimization.
Also Read: Solana Price Prediction 2025: The Hidden Risks No One Talks About
Bitwise continues to expand its crypto ETP offerings, including Bitcoin and Ethereum products, bridging retail and institutional adoption with spot and staking capabilities. The options launch positions BSOL as a strategic vehicle for investors seeking both yield and derivatives flexibility.
