Two major crypto ETF issuers are joining the rush to bring crypto asset staking to the U.S.

Bitwise and 21Shares each unveiled updates to their crypto funds on Tuesday, cutting fees and adding staking features for investors, just days after Grayscale became the first to introduce staking in its U.S. Ethereum ETFs.

Bitwise’s latest filing formally renames its product to the aptly titled “Bitwise Solana Staking ETF,” while adding language that allows it to “seek to provide exposure to the value of Solana held by the Trust.”

It also introduces a 0.20% unitary management fee, a single charge that covers all fund operating costs, waived for the first three months on the first $1 billion in assets.

At that rate, the proposed fee undercuts most competing crypto ETF filings, which typically range between 0.21% and 0.25%, and matches the lowest levels seen among approved crypto products.

21Shares, meanwhile, announced enhancements to its 21Shares Ethereum ETF (TETH), adding staking and waiving its 0.

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Author: Vince Dioquino