Bringing you live news and features since 2006 

Wisebitcoin lists SOL ETF


Crypto exchange Wisebitcoin has announced the addition of a SOL ETF today. SOL is the native token for Solana, a platform focused on providing scalable blockchain infrastructure for developers. It will be available as an aggregate trading pair with USDT and the exchange stated that deposits and withdrawals will not be supported.

The listing marks the start of Wisebitcoin’s ETF Week. Over the next four months, the exchange is set to launch five ETFs every second week for a total of 20 ETF launches between May and August. Other listings for this week besides SOL include ALGO, ENJ, KSM, and KNC. 

Wisebitcoin Senior Advisor Shadi Abdou comments: “We’re excited to start ETF week with solid offerings such as SOL. Over the next few weeks, our user base of professional traders will be able to take advantage of these ETFs with the most promising projects in the cryptocurrency space.” 

ETFs consist of an asset that tracks the price of an underlying asset. They are commonly used as a way to keep track of an index or a whole industry sector. On Wisebitcoin’s spot market, ETFs can be used as a tool to gain exposure to a specific crypto asset without owning it with up to 3:1 leverage. 

Latest News

There were two companies launching this week, each reflecting key and recurring themes in ETF strategies. ..
A quiet week for launches in the US...
RBC Global Asset Management (GAM) was the only firm to launch new ETF offerings in March 2023. The firm launched..
Solactive writes that with current developments and economic trends, such as the COVID-19 pandemic, increasing inflation rates, and energy prices,..

Related Articles

March 2021 saw USD1.2 trillion Northern Trust Asset Management launch its ETF arm, FlexShares in Europe, with two climate focused...
Marie Coady, PwC
PwC’s new research amongst global ETF managers, sponsors and service providers reveals a sector with upbeat growth projections. Despite the...
Vishal Kapoor, Bandhan Mutual Fund
ETF Express reported on a couple of ETF launches in India over the last couple of weeks, including the new...
ETF Awards
We are very pleased to bring you the winners in the 13th outing of the ETF Express European ETF Awards,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by