Bitwise Solana staking ETF records $10M in trading volume in first 30 minutes

The Bitwise Solana staking ETF (BSOL) experienced robust initial demand on Tuesday, recording $10 million in trading volume during its first 30 minutes, according to Bloomberg ETF analyst Eric Balchunas. This performance significantly outperformed other recently launched crypto ETFs, such as Canary's HBAR ETF (HBR) which saw $4 million and its Litecoin ETF (LTCC) which saw $400,000 in volume during the same period. This strong early trading suggests a growing investor appetite for diverse digital asset investment options, particularly for Solana-focused products, even amidst operational limitations caused by a government shutdown. Furthermore, Grayscale’s Solana Trust is anticipated to convert into an ETF the following day.

(Source：Crypto Briefing)