Bitwise Sets 0.20% Fee for Solana Staking ETF as Crypto Firms Await SEC Nod

Bitwise sets a 0.20% fee for its Solana staking ETF, signaling growing competition in crypto funds.

Fridah Kangai
October 10, 2025
12:00 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Bitwise cuts fees to 0.20% for its Solana staking ETF.
Analysts say low fees could spark competition among crypto ETF firms.
SEC delays leave crypto ETF approvals uncertain amid government shutdown.

Bitwise has announced a 0.20 percent management fee for its proposed Solana staking exchange-traded fund. The filing was an amendment to its registration statement on Wednesday, which prefigured potentially one of the cheapest crypto ETFs in the market.

Also Read: YZi Labs Unveils $1 Billion Builder Fund to Boost BNB Chain Innovation

Experts React to Bitwise’s Bold Pricing Move

Bloomberg Senior ETF analyst Eric Balchunas believes that the shift is an indication of a definite plan by the company to draw in investors within a very short time. He commented that Bitwise is not playing games when it comes to offering a fee that is way below expectations. His remark highlights the nature of the competition in the crypto ETF market, which will persist as a fee rivalry.

Bitwise not playing around, plans to charge just 0.20% for their spot Solana ETF. Thought we'd see higher first, need war to get this low. They prob figured it's gonna end up there anyway so just do it now (veteran Terrordome move right there). Low fees have near perfect record… https://t.co/wzoy2deqie
— Eric Balchunas (@EricBalchunas) October 8, 2025

The ruling is made in light of several financial companies awaiting approval for several crypto-based ETFs from the Securities and Exchange Commission. Most of these suggestions involve digital currencies such as DOGE, LTC, and SOL. Analysts believe that the 0.20 percent charge may prompt other issuers to adjust their pricing frameworks when approvals commence.

The low prices have continued to attract substantial flows in both the physical and virtual asset markets. Therefore, the competitive fee offered by Bitwise may be a decisive benefit once trading begins. Furthermore, the migration suggests an increasing demand among investors for ready-to-use crypto investment products that provide transparency and enable them to earn yields through staking.

Analysts View Bitwise’s Pricing as a Competitive Shift

According to market specialists, the announcement of the fee confirms Bitwise’s goal to become the leader in the new industry of staking ETFs. It comes at a time when investors are optimistic after the previous SEC approvals of spot Bitcoin and Ethereum ETFs. The products had similar fee rates, and this enabled them to acquire fast traction once launched.

Nevertheless, there has been a slowdown in regulatory development. The recent U.S. government shutdown led the SEC to operate on a temporary basis with a reduced staff in an emergency capacity. This has put a hold on the pending ETF filing reviews.

Similarly, 21Shares announced that it would introduce staking to its Ethereum ETF and waive sponsor fees in the first year. According to the company, this move will enable investors to gain more profit by staking Ethereum.

As a result, the competition among crypto ETFs is also growing. The low-cost structure of Bitwise may trigger an expanded fee battle among fund managers upon the SEC’s resumption of normal operations.

Also Read: Bitcoin Miner IREN Secures NVIDIA Deal, Targets $500M Boost From AI Expansion