Bitwise Partners With Superstate to Tokenize Solana Staking ETF

The collaboration allows shareholders to record their ownership via Superstate’s transfer agency infrastructure rather than relying solely on The Depository Trust Company. While the underlying assets and investor rights remain identical to traditional shares, the shift introduces a digital ledger option for fund management. Bitwise has identified the Solana Staking ETF (BSOL) as the primary candidate for this transition, pending necessary regulatory and legal approvals.

Superstate’s technology, which has previously supported institutional-scale funds, provides the necessary framework for compliant record-keeping and on-chain integration. Despite the new record-keeping format, the firm emphasizes that the tokenized shares are not freely transferable outside of the designated system. The availability of this option remains subject to evolving market requirements, and no specific timeline for the rollout has been established.