New on Xetra: New Crypto ETN from Bitwise with access to the Solana cryptocurrency including staking
New on Xetra: New Crypto ETN from Bitwise with access to the Solana cryptocurrency including staking
Since Wednesday, a new crypto ETN from Bitwise Europe has been tradable via Xetra and Börse Frankfurt.
The Bitwise Solana Staking ETP offers investors easy and cost-effective access to the performance of the Solana cryptocurrency in combination with a staking reward. Staking allows crypto holders to earn premiums. They do this by locking their coins in wallets that are used to validate network transactions on the blockchain. Investors can use this method not only to participate in the performance of the cryptocurrency, but also to benefit from the respective staking rewards. The product is physically backed by the cryptocurrency.
The ETN can be traded either in euros or US dollars using the corresponding Xetra symbol.
Name | ISIN | Management fee | Xetra ticker for the trading currency | ||||
Bitwise Solana Staking ETP | 0.85 per cent |
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The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,326 ETFs, 197 ETCs and 249 ETNs. With this selection and an average monthly trading volume of more than €17 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.