Bitwise Partners With Superstate to Offer Optional Tokenized Fund Shares

Overview

• Bitwise announced a partnership with Superstate on Thursday to develop a system that can record ownership of selected Bitwise fund shares as blockchain tokens while keeping the underlying funds unchanged.
• Under the proposed framework investors could choose between traditional DTC book‑entry shares and tokenized shares recorded onchain, with token holders retaining the same shareholder rights but not being able to move those tokens freely outside the approved recordkeeping system.
• Bitwise expects the Bitwise Solana Staking ETF (BSOL) to be the first candidate for the tokenized‑share option, though the firm said availability is not guaranteed and no launch date has been set.
• Superstate will provide the SEC‑registered transfer agency infrastructure to maintain onchain ownership records and link those records to conventional registries such as The Depository Trust Company.
• The announcement follows recent company cost cuts and comes as part of a wider industry push to test compliant onchain securities; any rollout will depend on legal, regulatory and operational approvals that could shape how investors access tokenized fund ownership.