Overview

• Bitwise’s amended S-1 rebrands the product as the Bitwise Solana Staking ETF and sets a 0.20% unitary fee.
• The filing waives that fee for the first three months or until the first $1 billion in assets under management.
• The fund language permits on-chain staking and describes 100% physical SOL backing, with Coinbase Custody and Attestant named for custody and delegated staking roles.
• 21Shares updated its U.S. Ethereum ETF to include staking and announced a 12-month waiver of its 0.21% sponsor fee starting October 9.
• SEC review capacity is reduced during the shutdown, slowing S-1 effectiveness even as decision dates approach, and analysts note low fees plus staking yields—roughly 3–4% for ETH and 7–8% for SOL—could offset fund costs.