Bitwise has taken a significant move by submitting an S-1 form for a spot Solana ETF. Following this filing, Solana has seen a slight increase, trading at $241 with a bump of 3.18%. This initiative by Bitwise indicates a growing interest in cryptocurrency investment products and showcases Solana’s rising prominence in the market. As the appetite for crypto ETFs continues to grow, Bitwise’s proposal underscores their commitment to leading that charge.