Bitwise Explores Tokenized Shares for Select Funds

Bitwise Asset Management has partnered with Superstate to explore tokenized shares for select Bitwise funds, starting with the Solana staking ETF (BSOL). This model would allow investors to hold ETF shares recorded either traditionally or on a blockchain, maintaining the same legal and economic rights without turning shares into freely traded crypto tokens.

The initiative aims to enhance ETF ownership transparency and efficiency. The Bitwise-Superstate partnership is pending regulatory approval.