- ETF Solana BSOL leads volume at launch.
- HBAR and Litecoin with no initial investment required.
- Investors show strong interest in SOL.
Bitwise's Solana ETF, listed on the US spot market under the name BSOL, registered Net inflows of $69,5 million on its first day of trading. This performance positioned the fund as the ETF launch with the highest trading volume this year, highlighting the growing interest in investment products backed by Solana (SOL).
With an initial capital of US$222,9 million, BSOL's total assets reached US$292,4 million after its debut. Bitwise had already gained prominence with BITB, its spot Bitcoin ETF, which had the largest inflow among BTC funds in January 2024. The same phenomenon was repeated with BlackRock's ETHA in July of that year, with the launch of spot Ethereum ETFs.
BSOL moved US$10 million in the first hour of trading and ended the day accumulating a total volume of US$57,9 million. Eric Balchunas, senior ETF analyst at Bloomberg, commented on X: “And the most incredible thing is that the initial investment was US$220 million. They could have invested from day one, which would have resulted in around US$280 million, even more than ETHA's debut. A strong start anyway.”
Final tally of Day One trading.. $BSOL$56m$HBR$8m$LTCC$1m
I can't believe how close I came. ETF sixth sense for the win. Wish there was a @Polymarket For this, I'd be rich. https://t.co/TODOk13WUt— Eric Balchunas (@EricBalchunas) October 28, 2025
Meanwhile, the new HBAR (Hedera) and Litecoin (LTC) spot ETFs, launched by Canary Capital, did not register any inflows on their debut. Even so, both saw trading on the first day, with volumes of US$8,6 million and US$1,4 million, respectively. Analysts explain that zero inflows are common when there is no need to create or redeem new shares to meet demand.
Another product linked to Solana, the REX-Osprey SSK ETF, launched in July via the 1940 Act regulatory route, remains relevant in the market as it offers native SOL staking rewards. The fund has accumulated inflows exceeding $413 million since its inception.
The SEC allowed issuers to proceed with automatic registrations during the US government shutdown, which enabled the launch of BSOL even with a reduced team. "Solana is on its way to the mass market — and we believe this is just the beginning," Bitwise stated upon confirming the launch.
GSOL, Grayscale's new Solana spot ETF, is scheduled to hit the market on Wednesday, further expanding institutional options for exposure to the Solana network.














