Bitwise Solana Staking ETF's trading volume exceeded $72 million the next day, with momentum surpassing expectations

ChainCatcher news, Bitwise's Solana staking ETF (code BSOL) achieved a trading volume of 56 million dollars on its first day, and the next day the trading volume hit a new high of 72.4 million dollars, making it the strongest performer among nearly 850 new ETFs this year. Bloomberg senior ETF analyst Eric Balchunas called it "an amazing number," indicating that market enthusiasm exceeded expectations. BSOL saw an inflow of approximately 69.5 million dollars on its first day, with total assets nearing 292 million dollars.

Meanwhile, the Litecoin ETF (LTCC) and HBAR ETF (HBR) launched by Canary had trading volumes of approximately 8 million dollars and 1 million dollars, respectively, on the following day, while Grayscale's Solana staking ETF (GSOL) traded about 4 million dollars. Currently, there are still over 150 ETP applications tracking 35 types of crypto assets awaiting SEC approval in the U.S. market, with a majority related to Solana and Bitcoin products.