Bitwise Solana Staking ETF notches $55M trading volume on debut
Bitwise's Solana staking ETF achieved $55.4 million in debut trading volume, the highest for any crypto ETF this year.Summary
The Bitwise Solana Staking ETF (BSOL) recorded $55.4 million in trading volume on its first day, making it the highest debut volume for any crypto ETF launched in 2025, according to Bloomberg analyst Eric Balchunas. This figure surpassed Balchunas' pre-launch estimate of $52 million. BSOL had attracted approximately $223 million in assets before its launch, indicating growing institutional confidence in staking exposure. The launch coincided with two other altcoin ETFs from Canary Capital: the Hedera ETF (HBR) which traded $8 million, and the Litecoin ETF (LTCC) which traded $1 million. While strong for an altcoin fund, BSOL's debut volume was significantly smaller than the $1.08 billion volume seen by the nine spot Ether ETFs that launched in July of the previous year.
(Source：Cointelegraph)