Bitwise’s Solana Staking ETF (BSOL) has made a powerful market debut with $56 million in first-day trading volume, defying expectations during a US government shutdown. The fund’s strong start signals growing institutional appetite for alternative crypto investment products beyond Bitcoin and Ethereum, with Bitwise CIO Matt Hougan predicting BSOL could become one of the leading digital asset investment products.
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Bitwise Solana ETF Draws $69.5M in Debut, Outshines Rival
Bitwise Asset Management’s spot Solana ETF (BSOL) launched with explosive momentum, attracting $69.5 million in debut inflows that dramatically outpaced the $12 million drawn by Rex-Osprey’s competing Solana Staking ETF (SSK). The divergent performance signals strong institutional preference for BSOL’s direct exposure model and competitive 0.20% management fee, even as Solana’s price declined 3.1% to $194 on launch day, highlighting a potential decoupling between ETF demand and short-term price movements.
read moreBitwise Solana ETF Hits $55.4M Record Debut
Bitwise’s Solana staking ETF has shattered records with $55.4 million in trading volume on its first day, marking the strongest crypto ETF launch of 2025. The debut coincided with new Hedera and Litecoin ETFs from Canary Capital, signaling growing institutional appetite for alternative cryptocurrency exposure. This record-breaking performance underscores increasing confidence in staking-based investment products.
read moreBinance Whales Accumulate UNI Amid DeFi Market Weakness
While Uniswap’s UNI token struggles to regain its early-October strength amid broader DeFi sector weakness, on-chain data reveals a surprising trend: major investors are quietly accumulating the asset. Binance has recorded the highest UNI whale outflows in three months, with daily peaks reaching 17,400 tokens moving off-exchange, suggesting strategic positioning by large holders despite ongoing governance concerns and a declining market cap that now sits at $4.13 billion.
read moreBitwise Solana ETF Draws $223M, Testing US Staking Appetite
Bitwise’s new Solana staking ETF has attracted substantial investor interest with $222.8 million in first-day inflows, marking one of the most significant debuts for a crypto-focused exchange-traded fund. The strong initial performance signals growing institutional confidence in staking-based crypto products following recent SEC guidance and positions the fund as a critical test case for US market appetite toward staking-focused ETFs.
read moreFed Rate Cut Impact on Bitcoin & Crypto Markets
The Federal Reserve is widely expected to cut interest rates by 25 basis points on Wednesday, with traders pricing in a 97.8% probability. While Bitcoin trades flat around $115,000, analysts debate whether ending quantitative tightening could create a tailwind for crypto assets by signaling higher inflation tolerance.
read moreFirst Solana Staking ETF Approved, May Bring Billions
Solana has entered the mainstream financial arena with the landmark approval of the first Solana staking ETF by the US Securities and Exchange Commission. This regulatory green light represents a transformative milestone that analysts predict could unlock $3-6 billion in new institutional capital within the first year alone, positioning Solana in the “big league” of digital assets and accelerating altcoin adoption among yield-seeking investors.
read moreFirst US Solana Staking ETFs Launch, Expanding Crypto Access
The US financial markets have entered a new era of cryptocurrency accessibility with the historic launch of four altcoin exchange-traded funds on October 28, marking the first wave of non-Bitcoin, non-Ethereum spot crypto ETFs. This development, featuring pioneering Solana staking ETFs alongside Hedera and Litecoin products, represents a significant milestone in institutional crypto adoption and potentially catalyzes rotation into alternative cryptocurrencies after months of market consolidation.
read moreFirst US Spot ETFs for Solana, Litecoin, HBAR Launch
The U.S. financial markets are witnessing a watershed moment as the first spot exchange-traded funds for Solana, Litecoin, and Hedera begin trading this week. This landmark development, enabled by a regulatory provision that allowed automatic approval without direct SEC intervention, represents a significant expansion of cryptocurrency investment vehicles beyond Bitcoin and Ethereum. The launches by Bitwise, Canary Capital, and Grayscale mark a new chapter in crypto accessibility for traditional investors.
read moreFour Altcoin ETFs Launch in US This Week
The U.S. cryptocurrency investment landscape expands dramatically this week with the launch of four new altcoin-focused exchange-traded funds tracking Solana, Litecoin, and Hedera. Following the successful Bitcoin and Ethereum ETF rollouts earlier this year, these new funds represent a significant milestone in mainstream cryptocurrency adoption, providing investors with regulated exposure to alternative digital assets through traditional market infrastructure.
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