On October 28th, the Solana ecosystem witnessed a landmark moment as the first-ever U.S.-listed Solana spot ETF, the Bitwise Solana Staking ETF (BSOL), launched on exchanges. This debut sparked a wave of excitement, with the fund garnering $69.45 million in net inflows on its opening day alone. This impressive figure propelled BSOL’s total net assets to $289 million by the end of trading, according to SoSoValue data. With Solana trading around $195, BSOL now holds a noteworthy 0.27% share of the entire SOL market cap. This marked a significant development for institutional investors, providing them with a regulated pathway to participate in the ecosystem’s growth.