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🚨 solana etfs are the new wave for SOL staking…grayscale and bitwise flexing their institutional muscles, staking SOL for
This marks a strategic move towards institutionalizing staking as a key income source in the crypto space, illustrating the evolution of financial products catering to diverse investor
Solana ETFs are crucial for investors wanting to access SOL token’s staking benefits. Major launches by Grayscale and Bitwise indicate institutional interest in these regulated crypto products balancing yield and growth. The ETFs simplify staking, allowing institutions to delegate SOL to validators for rewards while retaining custody. This setup aligns with institutional preferences for secure, transparent revenue streams. Solana’s shorter non-staking period and custody advantages make it an appealing option for institutions diversifying from traditional assets like Bitcoin and Ethereum.
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