Here’s how U.S. Solana ETF performed on the first day
The launch of the Bitwise Solana Staking ETF (BSOL) marked a standout debut in the U.S. cryptocurrency ETF market on Tuesday. According to Eric Balchunas of Bloomberg Intelligence, BSOL generated around $56 million in first-day trading volume, making it the most active newly launched ETF of 2025, he said in an X post on October 28. The fund was seeded with roughly $220 million; had the entire amount been deployed, trading volume could have approached $280 million, surpassing the debut of the Ethereum-based ETF. Final tally of Day One trading.. $BSOL: $56m$HBR: $8m$LTCC: $1m I can't believe how close I came. ETF sixth sense for the win. Wish there was a @Polymarket for this I'd be rich. https://t.co/TODOk13WUt — Eric Balchunas (@EricBalchunas) October 28, 2025 Alongside the strong volume, BSOL attracted about $222.8 million in assets on its first day. Balchunas described the launch as “unusually large for a crypto ETF debut,” noting that such flow...