Trustees of Dartmouth College Makes New Investment in Bitwise Solana Staking ETF $BSOL

Trustees of Dartmouth College purchased a new stake in shares of Bitwise Solana Staking ETF (NYSEARCA:BSOL) in the 1st quarter, HoldingsChannel reports. The firm purchased 304,803 shares of the ETF’s stock, valued at approximately $3,368,000. Bitwise Solana Staking ETF makes up 1.3% of Trustees of Dartmouth College’s portfolio, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of BSOL. Beaird Harris Wealth Management LLC bought a new position in shares of Bitwise Solana Staking ETF during the fourth quarter valued at about $26,000. PNC Financial Services Group Inc. lifted its stake in shares of Bitwise Solana Staking ETF by 228.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,800 shares of the ETF’s stock valued at $42,000 after acquiring an additional 2,644 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Bitwise Solana Staking ETF in the 4th quarter valued at about $48,000. RFG Advisory LLC purchased a new stake in Bitwise Solana Staking ETF during the 1st quarter valued at about $117,000. Finally, AdvisorNet Financial Inc boosted its holdings in Bitwise Solana Staking ETF by 11.8% during the 1st quarter. AdvisorNet Financial Inc now owns 15,557 shares of the ETF’s stock valued at $172,000 after acquiring an additional 1,646 shares during the period.

Bitwise Solana Staking ETF Stock Performance

BSOL opened at $10.31 on Friday. The stock’s 50 day moving average is $10.31. Bitwise Solana Staking ETF has a 1 year low of $8.32 and a 1 year high of $26.60.

Bitwise Solana Staking ETF (NYSEARCA: BSOL) is an exchange-traded fund listed on the NYSE Arca that is offered by Bitwise Asset Management. The fund is designed to provide investors with targeted exposure to the Solana blockchain ecosystem by combining ownership of the SOL token with efforts to capture staking rewards associated with Proof-of-Stake validation on the Solana network. As an ETF, BSOL offers a single, regulated vehicle to pursue that exposure within brokerage accounts.

BSOL’s investment approach centers on holding SOL and pursuing mechanisms to accrue staking income, which may involve validating or delegating tokens to network validators or using custodial staking services.