Solana’s First US Spot ETF BSOL Sets Record $72.4M Trading Volume on Day Two
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COINOTAG News, citing The Block, reports that the United States’ first Solana spot ETF, BSOL, began trading with notable momentum. Among roughly 850 new ETFs this year, the listing stands out, signaling growing demand for Solana exposure via a regulated vehicle.
On Wednesday, BSOL’s turnover hit $72.4 million, topping day one’s $56 million. Bloomberg ETF analyst Eric Balchunas called the figure highly impressive and a positive sign. Other debuts, LTCC and HBR, drew about $8 million and $1 million, respectively.
Grayscale’s GSOL posted roughly $4 million in initial flow. Balchunas cited the early strength of BSOL as a function of timing. The SSK (REX Osprey Solana Staking ETF) attracted about $18 million on day two, highlighting solid investor interest in the sector.