Trustees of Dartmouth College Buys New Shares in Bitwise Solana Staking ETF $BSOL

Trustees of Dartmouth College purchased a new stake in shares of Bitwise Solana Staking ETF (NYSEARCA:BSOL) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 investment portfolio, making the stock its 9th largest position. Trustees of Dartmouth College owned approximately 1.36% of Bitwise Solana Staking ETF at the end of the most recent reporting period.

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

Bitwise Solana Staking ETF Stock Down 2.6%

Shares of BSOL opened at $10.31 on Friday. The stock has a 50 day moving average price of $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.