According to Milk Road, investors can now gain exposure to tokenized staked SOL, including staking rewards, through a fully tradable ETF that operates similarly to traditional stock or ETF products on platforms such as Robinhood and Fidelity. This development offers crypto traders and traditional investors a new regulated avenue for trading SOL (Solana) with added liquidity and ease of access, potentially increasing institutional participation and market volume for SOL. Source: Milk Road (@MilkRoadDaily)

According to @EmberCN, Bybit has invested significantly in bbSOL, Bybit's staked SOL token, enabling high yield opportunities in its Launchpool. Users can stake bbSOL with an annualized yield of 8%, and earn up to 54% in the Launchpool, outperforming other staking options. Bybit offers a strategy where users can borrow bbSOL using USDT at a 16% interest rate, yielding a net 38% profit margin compared to 21-29% for direct USDT staking.