Bank Offers Borrowing Facility for Bitwise Solana Staking ETF

A large bank has introduced a borrowing facility that allows clients to borrow up to 25% of their Bitwise Solana Staking ETF (BSOL) holdings. The fund, launched on October 28, 2025, offers 100% direct exposure to SOL holdings and targets around 7% in staking rewards.

These rewards are reinvested to compound the fund's net asset value over time. BSOL surpassed $500M in assets under management by November 21, 2025, just three weeks after launch, and has since reached approximately $586M.

The bank's 25% Loan-to-Value (LTV) facility is a conservative approach compared to traditional finance standards, which often offer up to 70% LTV for blue-chip equities. However, it provides investors with a tax-efficient strategy by allowing them to maintain exposure to SOL price appreciation and staking yield compounding while accessing liquidity.