Solana ETF Futures Struggle for Traction Compared to Bitcoin

While Solana continues its ascent in the cryptocurrency space, its new exchange-traded fund (ETF) futures products have not seen the same success as their Bitcoin counterparts. According to Bloomberg ETF analyst Eric Balchunas, these products have been lagging significantly in volume and market share. Despite achieving $1 million in trading volume on launch day, Solana’s ETF Futures products failed to attract comparable interest compared to Bitcoin ETFs. 31st March saw record lows, highlighting the challenges these products face in gaining traction.