Bitwise Solana Staking ETF notches $55M trading volume on debut

Bitwise’s Solana staking ETF saw $55.4 million on its first day, the highest of all crypto ETFs this year, alongside the launch of Hedera and Litecoin ETFs from Canary Capital.

Asset manager Bitwise says its Solana staking exchange-traded fund has tallied $55.4 million in trading volume on its debut trading day on Tuesday, alongside the launch of two other altcoin ETFs from Canary Capital.

The trading volumes on the Bitwise Solana Staking ETF (BSOL) were the largest out of all crypto ETFs launched in 2025, Bloomberg ETF analyst Eric Balchunas said on Tuesday, beating out the launches of XRP (XRP) and Solana (SOL) staking ETFs from REX Osprey.

BSOL attracted around $223 million in assets prior to launch, which Balchunas said signaled increasing institutional engagement and confidence in being exposed to staking, rewards for those who lock up cryptocurrency on the blockchain to validate transactions.

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