Ethereum and Solana Staking ETPs Expand in Europe; U.S. ETF Approval Anticipated
Institutional access to Ethereum (ETH) and Solana (SOL) staking has grown with new European exchange-traded products (ETPs).
Figment Europe and Apex Group launched the Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) ETPs on the SIX Swiss Exchange on March 12, 2024. These ETPs offer exposure to ETH and SOL prices along with staking rewards, including maximum extractable value (MEV), and are fully backed by their respective cryptocurrencies .
Bitwise introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse XETRA on December 18, 2024. BSOL provides a competitive annual percentage yield (APY) of 6.48% with a management fee of 0.85%, aiming to deliver higher staking rewards compared to other Solana staking ETPs .
In the U.S., Franklin Templeton filed for a Solana ETF with the Securities and Exchange Commission (SEC) on March 12, 2025, seeking to include staking rewards. The proposed ETF would hold physical SOL and aims to offer additional yield through staking, akin to dividends in equity ETFs .
As of May 31, 2025, Ethereum is trading at approximately $2,509.94, and Solana at $154.70.
