Data: The first Solana spot ETF in the United States was listed, with a net inflow of 69.45 million dollars on its first day, bringing the net asset size to 289 million dollars

ChainCatcher News, the first Solana spot ETF in the U.S.---Bitwise Solana Staking ETF (ticker symbol BSOL) has officially listed on the NYSE.

According to SoSoValue data, the net inflow on the first day of listing was $69.45 million, with a trading volume of $57.91 million. The initial subscription size before BSOL's listing was $223 million, and the total net asset value after the first day of trading reached $289 million, with a net asset ratio of SOL (market cap as a percentage of total market cap of SOL) reaching 0.27%.

It is worth noting that the Grayscale Solana Trust ETF (ticker symbol GSOL) will also convert from a trust to an ETF on October 29 and will officially list on the NYSE, adding another member to the U.S. Solana spot ETF lineup.

The Bitwise Solana Staking ETF is issued by Bitwise Asset Management. During the current U.S. government shutdown, the issuer has met the general listing standards for commodity trusts and received exchange certification under 8-A, allowing the prospectus to automatically become effective on October 28, satisfying the 20-day deadline for listing approval. Its features include:

• Supports cash and physical redemptions, with physical delivery available only for APs;
• Supports Solana providing additional yield through staking, with 6% of staking income allocated to the issuer, custodian, and staking provider, while the remaining 94% is included in the ETF's asset management fee rate of 0.20%;
• Waives management fees and staking sharing within the first three months of listing and when the fund size is within the first $1 billion.