New Solana Staking ETF Boasts $55 Million in Trading Volume on Debut

Bitwise’s Solana staking exchange-traded fund (BSOL) saw remarkable initial trading volume, exceeding $55 million in a single day following its launch on Tuesday. This achievement makes BSOL the highest-volume crypto ETF launch of 2025, according to Bloomberg analyst Eric Balchunas. The success is attributed to growing institutional interest in staking rewards for those locking up cryptocurrency on blockchains to validate transactions.