The first Solana spot ETF in the United States saw a net inflow of $69.45 million on its first day of listing, bringing its net asset size to $289 million.

The first US-listed Solana spot ETF—the Bitwise Solana Staking ETF (ticker symbol BSOL)—officially listed on the NYSE. According to SoSoValue data, it saw a net inflow of $69.45 million on its first day of trading, with a trading volume of $57.91 million. BSOL's initial public offering (IPO) size was $223 million, and its net asset value (NAV) after the first day of trading was $289 million, resulting in a net asset value ratio (market capitalization as a percentage of total market capitalization) of 0.27%. Notably, the Grayscale Solana Trust ETF (ticker symbol GSOL) will also be converted from a trust to an ETF on October 29th and officially listed on the NYSE, adding another Solana spot ETF to the US market.