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Major bank approves borrowing up to 25% against Bitwise Solana Staking ETF shares

Market News
11 Aug 2026
Crypto news
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Bullish
Major bank approves borrowing up to 25% against Bitwise Solana Staking ETF shares

A major bank has approved the Bitwise Solana Staking ETF (BSOL) as collateral for loans, allowing customers to borrow up to 25% of their shares' value. This lending feature lets investors access cash without selling their BSOL shares, which represent staked Solana tokens earning rewards. The approval marks a step toward integrating crypto assets with traditional financial services, although details like interest rates and borrower eligibility remain undisclosed. BSOL holds over 8 million SOL tokens, with a net staking reward rate of 5.84%, offering investors exposure to Solana's growth and staking benefits through a regulated exchange-traded product.

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