Time
23:36
The Bitwise Solana staking ETF saw $56 million in trading volume on its first day of listing, setting a new record for new ETFs this year.
October 29, 2025
CoinFeed News
Eric Balchunas, senior ETF analyst at Bloomberg, posted on the X platform that the Bitwise Solana Collateralized ETF (BSOL) saw $56 million in trading volume on its first day of trading, while the Canary HBAR ETF (HBR) and the Canary Litecoin Spot ETF recorded $8 million and $1 million in trading volume, respectively. BSOL's $56 million in first-day trading volume was the highest of all newly listed ETFs this year, surpassing products like XRPR, SSK, Ives, and BMNU. The ETF had an initial capital injection of $220 million, and could have invested the entire initial capital on day one, which would have brought its total capital to approximately $280 million, even exceeding the size of ETHA's debut. Regardless, it's a strong start.