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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...

The first U.S. crypto staking exchange-traded fund (ETF) delivered an impressive debut performance, with Bloomberg ETF analyst Eric Balchunas reporting that the REX-Osprey + Staking ETF (SSK) pulled in $12 million in inflows and $33 million in trading volume on its opening day. The Solana ETF $SSK took in $12m on first day, according to Osprey who told Decrypt (we won't see it in data till tonight). That's pretty solid. For context, it took 3mo for $SOLZ to get $12m. Also pre-market volume is $3m (vs 260k for SOLZ), pointing another healthy trading day. https://t.co/ORottKyGXg — Eric Balchunas (@EricBalchunas) July 3, 2025 The fund began trading on Wednesday on the Cboe BZX Exchange at $25.47 per share. The debut performance “blows away” Solana and XRP futures ETFs, according to Balchunas, adding for context, “it took 3mo for $SOLZ to get $12m”.  How a crypto staking ETF works Unlike traditional crypto ETFs, SSK enables investors to ...

First Lady Melania Trump has launched her own memecoin on the Solana (SOL) blockchain, which quickly skyrocketed to a valuation exceeding $9.4 billion just hours after its release. Melania Trump’s social media platform X account suddenly announced that MELANIA was live for trading on Sunday. According to Bubblemaps, there are major discrepancies between MELANIA’s reported tokenomics and actual distribution. “JUST IN: The bubble map of MELANIA does NOT match the distribution on their website.” Source: Bubblemaps/X Bubblemaps is not the only prominent crypto voice questioning the launch of First Lady’s new coin. Former White House Communications Director Anthony Scaramucci expressed strong disapproval of any tokens associated with Trump, likening them to “Idi Amin-level corruption.” Despite criticism, Binance announced it was launching support for MELANIA today, While ByBit and Kraken also added support for the new memec...

Donald Trump, the President-Elect of the United States of America, is slated to be inaugurated as the 47th President this coming week. In anticipation of this highly awaited inauguration event, a non-fungible token collection affiliated with President-Elect Trump is bull running. In the past 24 hours, Donald Trump’s TRUMP2 NFTs have jumped nearly 1,000%. Trump Digital Trading Card Series 2 NFTs Rise +900% Data compiled by coingecko.com, an on-chain crypto market data aggregator and a non-fungible token collection explorer, shows that Donald Trump’s trading NFT cards have significantly risen in trading sales volume. In the past 24 hours, the Trump Digital Trading Cards Series 2 NFTs have raised a trading sales volume of 219ETH, up +70,000% from the previous day. During this period, the Trump Digital Trading Cards Series 2 NFT has seen its floor price climb to 0.073 ETH. Launched in April 2023, Trump Digital Trading Card Series 2 is a non-fungible token from the crypto-fr...