Four reasons why Solana is ‘smarter than average’ institutions’ choice, according to Bitwise

Solana is so hot right now — and Ethereum is paying the price. That’s according to Bitwise chief investment officer Matt Hougan as he celebrated the company’s staked Solana exchange-traded fund, BSOL, which debuted on the New York Stock Exchange on Tuesday with $220 million in first-day trading volume. BSOL’s trading figures make it the highest launch of any ETF this year across all asset classes, Hougan told DL News. “There’s a lot of pent-up demand for Solana,” he said, projecting the fund will surpa ...