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Bitwise Solana Staking ETF achieved a trading volume of 56 million dollars on its first day of listing, setting a new record for the highest trading volume of newly launched ETFs this year

Oct 29, 2025 07:36:52

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ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform: "The Bitwise Solana Staking ETF (BSOL) had a first-day trading volume of $56 million, while the Canary HBAR ETF (HBR) and the Canary Litecoin Spot ETF recorded trading volumes of $8 million and $1 million, respectively. The $56 million first-day trading volume of BSOL is the highest among all newly listed ETFs this year, surpassing products like XRPR, SSK, Ives, and BMNU. The initial investment for this ETF was $220 million, and it could have deployed the entire initial capital on the first day, bringing the total to about $280 million, even exceeding the scale of ETHA's debut. In any case, this is a strong start."

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