Bitwise CEO said in a post on X that materials related to BSOL must be accompanied by a prospectus and that investors should read the prospectus carefully before making any investment decision. He said BSOL is not suitable for all investors and warned that investing in the product involves elevated risk, including the possibility of significant volatility and major losses, up to a total loss of capital. The executive also said BSOL is not an investment company registered under the Investment Company Act of 1940, meaning it does not receive the same protections available to mutual funds or exchange-traded funds registered under that law. He added that an investment in BSOL is different from a direct investment in Solana (SOL). The marketing agent listed for the product is Foreside Fund Services, LLC.
Bitwise CEO said in a post on X that materials related to BSOL must be accompanied by a prospectus and that investors should read the prospectus carefully before investing.
He said BSOL is not suitable for all investors. An investment in BSOL carries elevated risk, may experience significant volatility, and could result in major losses or a total loss of investment.
BSOL differs from a direct SOL purchase
The Bitwise CEO also said BSOL is not an investment company registered under the Investment Company Act of 1940. As a result, it does not have the same protections as mutual funds or exchange-traded funds registered under that law. He added that investing in BSOL is different from directly investing in Solana (SOL).
The marketing agent is Foreside Fund Services, LLC.
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