PANews
PANews|Oct 28, 2025 23:36
[Bitwise Solana Staking ETF Achieves $56 Million in Trading Volume on First Day, Setting Record for Newly Launched ETFs This Year] Bloomberg Senior ETF Analyst Eric Balchunas posted on the X platform: 'The Bitwise Solana Staking ETF (BSOL) achieved $56 million in trading volume on its first day of listing. In comparison, the Canary HBAR ETF (HBR) and Canary Litecoin Spot ETF recorded trading volumes of $8 million and $1 million, respectively. BSOL's $56 million first-day trading volume is the highest among all newly launched ETFs this year, surpassing products like XRPR, SSK, Ives, and BMNU. The ETF's initial funding was $220 million, and it could have deployed the entire initial capital on the first day, which would have brought the fund size to approximately $280 million, even exceeding the scale of ETHA at its debut. Regardless, this is a strong start.'
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