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Bitwise Solana Staking ETF reaches $56 million in trading volume on its first day, setting a new record for newly launched ETFs this year.

Bitwise Solana Staking ETF reaches $56 million in trading volume on its first day, setting a new record for newly launched ETFs this year.

ChaincatcherChaincatcher2025/10/28 23:49
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ChainCatcher News, Bloomberg Senior ETF Analyst Eric Balchunas posted on X, stating: "On its first day of listing, the Bitwise Solana Staking ETF (BSOL) recorded a trading volume of $56 million, while the Canary HBAR ETF (HBR) and Canary Litecoin Spot ETF saw trading volumes of $8 million and $1 million, respectively. BSOL's $56 million first-day trading volume is the highest among all newly listed ETFs this year, surpassing products such as XRPR, SSK, Ives, and BMNU. The ETF's initial funding was $220 million; it could have deployed all its initial capital on the first day, which would have brought the fund size to about $280 million, even exceeding the scale of ETHA at its debut. In any case, this is a strong start."

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