Bitwise Brings Tokenized Shares to ETF Market With Superstate Partnership

Bitwise Asset Management has partnered with Superstate to bring tokenized shares to ETFs. This move aims to introduce blockchain-based ownership to the ETF market by allowing investors to hold shares in a digital form.

The proposed framework will change how ownership is recorded, but not the underlying investment product. Investors will still own the same fund shares with identical rights, choosing between traditional book-entry records through The Depository Trust Company or tokenized records maintained through Superstate's transfer agency infrastructure.

Bitwise expects the Bitwise Solana Staking ETF (ARCA:BSOL) to be the first fund that could offer this tokenized-share option, pending legal and regulatory requirements. This move reflects a broader push to bring traditional financial assets onto blockchain infrastructure without changing the underlying investment product.