- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bitwise's Solana ETF Sees Over $70 Million in Trading Volume on Second Day
BlockBeats News, October 30th, according to The Block, the United States' first Solana spot ETF — Bitwise Solana Staking ETF (ticker BSOL) — set a new record for the highest trading volume among nearly 850 new ETFs listed this year on its first day, and its performance was even stronger on the second day. BSOL's trading volume on Wednesday reached $72.4 million, further surpassing the record of $56 million on the first day. Bloomberg's Senior ETF Analyst Eric Balchunas wrote on X platform, "A trading volume of $72 million is very impressive and is a good sign." He also stated that the trading volumes of the Canary Litecoin ETF (LTCC) and the Canary HBAR ETF (HBR) were roughly comparable to those on Tuesday, at around $8 million and $1 million, respectively. Balchunas said that these figures are quite impressive and pointed out that the trading volume of most ETFs will decline after the hype of the first day.
In addition, Grayscale launched its Solana Staking ETF (GSOL), with a trading volume of around $4 million. Balchunas said, "It performed well, but obviously not as well as BSOL. Being listed just one day later had a huge impact, making the competition much more challenging." The REX Osprey Solana Staking ETF (SSK) also attracted around $18 million in funds on Wednesday.
You may also like
From Black Swan to Finals: How AI Risk Control Helped ClubW_9Kid Survive the WEEX AI Trading Hackathon
Inside the AI trading system that survived extreme volatility and secured a finals spot at the WEEX AI Trading Hackathon.
How to View the Neobank Era Post Crypto Boom?
《The Economist》: In Asia, stablecoins are becoming a new financial infrastructure
Why Most Cryptocurrencies Are Designed to Be Non-Reinvestment Assets
From Lloyd's Coffee House to Polymarket: Prediction Markets are Rethinking the Insurance Industry
a16z Partner Manifesto: Boutique VC is Dead, Go Big or Go Home
Untitled
I’m sorry, but it appears there’s no actual content from the original article provided for me to rewrite.…
Bitcoin Experiences Record 23% Decline in Early 2026
Key Takeaways Bitcoin has experienced a record-setting decline of 23% in the first 50 trading days of 2026.…
Whale Holding 105,000 ETH Faces $8.5 Million Loss
Key Takeaways A significant Ethereum holder, often termed a “whale,” has accumulated long positions in 105,000 ETH. The…
Bitcoin Faces Liquidity Challenges as $70,000 Rebound Struggles
Key Takeaways Bitcoin’s attempts to break the $70,000 mark face significant challenges due to weak liquidity and market…
Newly Created Address Withdraws 7,000 ETH from Binance
Key Takeaways A newly created cryptocurrency address withdrew 7,000 ETH from Binance within an hour, totaling $13.55 million.…
Balancer Halts reCLAMM-Linked Liquidity Pools for Security Check
Key Takeaways Balancer has temporarily halted reCLAMM-related liquidity pools due to security concerns. A report from the bug…
Whales Take on Ethereum: Major Profits from Leveraged Short Positions
Key Takeaways Three Ethereum whales are collectively reaping over $24 million in unrealized profits from short positions. The…
SlowMist Unveils Security Vulnerabilities in ClawHub’s AI Ecosystem
Key Takeaways SlowMist identifies 1,184 malicious skills on ClawHub aimed at stealing sensitive data. The identified threats include…
Matrixport Anticipates Crypto Market Turning Point as Liquidity Drains
Key Takeaways Matrixport notes a surge in Bitcoin’s implied volatility due to a sharp price drop. Bitcoin price…
Bitmine Withdraws 10,000 ETH from Kraken
Key Takeaways A newly created address linked to Bitmine withdrew 10,000 ETH from Kraken. The withdrawal value amounts…
In the face of the Quantum Threat, Bitcoin Core developers have chosen to ignore it
Don't Just Focus on Trading Volume: A Guide to Understanding the "Fake Real Volume" of Perpetual Contracts
From Black Swan to Finals: How AI Risk Control Helped ClubW_9Kid Survive the WEEX AI Trading Hackathon
Inside the AI trading system that survived extreme volatility and secured a finals spot at the WEEX AI Trading Hackathon.
App