Bitwise Solana Staking ETF's second-day trading volume surpasses $72 million, momentum exceeds expectations

Jinse Finance reported that the Solana staking ETF (ticker BSOL) launched by Bitwise reached a trading volume of $56 million on its first day, and hit a new high of $72.4 million on the second day, making it the best-performing among nearly 850 new ETFs this year. Bloomberg Senior ETF Analyst Eric Balchunas called this an “astonishing number,” indicating that market enthusiasm has exceeded expectations. BSOL saw an inflow of approximately $69.5 million on its first day, with total assets approaching $292 million. Meanwhile, the Litecoin ETF (LTCC) and HBAR ETF (HBR) launched by Canary recorded second-day trading volumes of about $8 million and $1 million, respectively, while Grayscale’s Solana staking ETF (GSOL) traded around $4 million. Currently, there are still over 150 ETP applications tracking 35 types of crypto assets awaiting SEC approval in the US market, with most products related to Solana and bitcoin.