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- BSOL options now trade with multiple strikes and expirations.
- Fund captures 98% of Solana ETF inflows, staking all holdings.
- Options offer institutional investors new risk management tools.
Bitwise has officially launched options trading on its Solana Staking ETF (BSOL), marking a major milestone in the institutional adoption of Solana (SOL). Following its spot ETF debut on October 28, the new options products, available since November 11, give professional investors advanced tools to hedge positions and execute complex trading strategies tied to Solana exposure.
Options Details and Availability
The newly launched options are accessible via Interactive Brokers, with call and put contracts spanning strike prices from $16 to $26. Expiration dates range from November 21, 2025, to May 15, 2026, allowing investors to tailor strategies across multiple timeframes. Bitwise President Teddy Fusaro and CEO Hunter Horsley confirmed the rollout on X, supported by Bloomberg terminal screenshots showing live trading activity.
This rapid launch positions BSOL ahead of the typical crypto ETF timeline. By comparison, Ethereum ETF options appeared roughly 15 months after its spot ETF, highlighting Bitwise’s aggressive push to provide institutional-grade products for Solana.
Market Impact and Fund Performance
BSOL currently manages $497.2 million in assets, making it America’s largest Solana ETF. It holds 22.7 million shares outstanding and has captured nearly 98% of Solana ETF inflows since inception, outperforming Grayscale’s GSOL and other competitors. The fund stakes all its Solana holdings, generating a 7.20% net staking reward, automatically reinvested to enhance shareholder value.
Institutional interest in Solana is mirrored by broader ecosystem growth. Solana decentralized exchange (DEX) volumes recently surpassed $5 billion, underscoring robust network activity and growing adoption among professional traders.
Also Read: Bitcoin and Solana ETFs Surge as U.S. Treasury Approves Crypto Staking
Structured for Institutional Investors
BSOL operates as a grantor trust, with income and expenses flowing directly to shareholders. Authorized Participants can create or redeem shares in blocks of 10,000 units, using either in-kind Solana transfers or cash. Delaware Trust Company serves as trustee, while Coinbase Custody Trust Co. manages the fund’s digital assets. Bitwise continues to expand its crypto ETP lineup, including Bitcoin and Ethereum products for retail and institutional investors globally.
With the addition of options trading, Bitwise has strengthened BSOL’s position as a premier tool for institutional Solana exposure. The move not only enhances risk management and portfolio flexibility but also signals growing mainstream acceptance of Solana in regulated markets.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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