The Bitwise Solana Staking ETF’s trading volume reached US$56 million on its first day of listing, setting a record for a newly launched ETF this year.

PANews reported on October 29 that Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the ETF (HBR) and Canary Litecoin Spot ETF recorded trading volumes of US$8 million and US$1 million respectively. BSOL’s first-day trading volume of US$56 million was the highest among all newly listed ETFs this year, surpassing XRPR, SSK, and Ives. and BMNU and other products. The ETF had an initial capital injection of $220 million, and it could have invested all the initial capital on the first day, which would have reached about $280 million, even more than when ETHA debuted. In any case, it is a strong start.”
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