The post Bitwise’s Solana ETF Draws $69.5M on Debut, Outpacing Rival Fund’s Launch appeared on BitcoinEthereumNews.com. In brief Bitwise’s Solana ETF BSOL drew $69.5M in debut inflows on Tuesday.. The fund’s low 0.20% fee and direct staking approach contrasts with Rex-Osprey’s Solana Staking ETF. Strong ETF demand comes amid Solana’s 3.1% price decline on the day to $194. Bitwise Asset Management’s spot Solana ETF is off to a promising start. On Tuesday, the fund attracted some $69.5 million in inflows on its debut, outpacing Rex-Osprey Solana Staking ETF SSK’s $12 million debut inflow, according to data from Farside. Bitwise Solana Fund BSOL is positioning itself as a clear investor favorite as the market evaluates two distinct approaches to staking yield. “Truly a watershed moment.” Kyle Samani, managing partner at investment firm Multicoin Capital, tweeted.  “All of this changes today,” Samani added, highlighting the fact that the “substantial majority of capital in the world was legally not allowed to trade or own Solana… until today.”  Key differences between BSOL and SSK  The divergent inflows provide a glimpse at how investors are weighing the funds’ differing structures and fee models.  BSOL offers direct spot Solana exposure, with all assets staked in-house, aiming to pass along the network’s full staking yield—approximately 7%—to investors, its Monday announcement reads. The fully spot Solana ETF launched on the New York Stock Exchange with a highly competitive 0.20% management fee, waived for the first three months. In contrast, the SSK fund provides diversified exposure. About 54% of SSK’s portfolio is allocated to direct Solana holdings, 43.5% to the CoinShares Physical Staked Solana ETP listed in Switzerland, with the remainder in JitoSOL, short-term government obligations, and cash or other assets, according to its official website. Its staking rewards are distributed monthly and are currently classified as a return of capital for tax purposes. SSK carries a total expense ratio of 0.75% and trades… The post Bitwise’s Solana ETF Draws $69.5M on Debut, Outpacing Rival Fund’s Launch appeared on BitcoinEthereumNews.com. In brief Bitwise’s Solana ETF BSOL drew $69.5M in debut inflows on Tuesday.. The fund’s low 0.20% fee and direct staking approach contrasts with Rex-Osprey’s Solana Staking ETF. Strong ETF demand comes amid Solana’s 3.1% price decline on the day to $194. Bitwise Asset Management’s spot Solana ETF is off to a promising start. On Tuesday, the fund attracted some $69.5 million in inflows on its debut, outpacing Rex-Osprey Solana Staking ETF SSK’s $12 million debut inflow, according to data from Farside. Bitwise Solana Fund BSOL is positioning itself as a clear investor favorite as the market evaluates two distinct approaches to staking yield. “Truly a watershed moment.” Kyle Samani, managing partner at investment firm Multicoin Capital, tweeted.  “All of this changes today,” Samani added, highlighting the fact that the “substantial majority of capital in the world was legally not allowed to trade or own Solana… until today.”  Key differences between BSOL and SSK  The divergent inflows provide a glimpse at how investors are weighing the funds’ differing structures and fee models.  BSOL offers direct spot Solana exposure, with all assets staked in-house, aiming to pass along the network’s full staking yield—approximately 7%—to investors, its Monday announcement reads. The fully spot Solana ETF launched on the New York Stock Exchange with a highly competitive 0.20% management fee, waived for the first three months. In contrast, the SSK fund provides diversified exposure. About 54% of SSK’s portfolio is allocated to direct Solana holdings, 43.5% to the CoinShares Physical Staked Solana ETP listed in Switzerland, with the remainder in JitoSOL, short-term government obligations, and cash or other assets, according to its official website. Its staking rewards are distributed monthly and are currently classified as a return of capital for tax purposes. SSK carries a total expense ratio of 0.75% and trades…