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    Solana ETFs See $52M Trading Volume by Day 3 Bitwise BSOL Hits $343M in Assets

    Story Highlights
    • Bitwise BSOL recorded $36.55 in inflows, while Grayscale GSOL saw a of $780.50K

    • Total Solana ETFs inflow on Thursday were recorded at $37.33 million

    • Around five more spot Solana ETFs are awaiting their SEC approval

    After launching, the U.S. spot Solana ETFs recorded strong inflows. By the third day of trading, both Grayscale and Bitwise confirmed growing market adoption. Listed on NYSE Arca and Nasdaq, these funds give investors an easy way to gain exposure to Solana while benefiting from features like staking rewards and lower fees.

    Bitwise BSOL ETF 

    Bitwise officially posted the halftime ETF collections on its X post. During its day 3 (as of 12 pm), it recorded $25 million in trading volume with $315 million in assets under management (AUM). It targets 100% of its assets to be staked, so that investors can stake rewards from their Solana holdings. 

    The ETF charges 0.20% management fees but waives this fee (0%) for the first three months on the first $1 billion in assets. Additionally, 100% of the staking rewards generated are passed through to the investors without any fee for the first three months. 

    By full time, BSOL recorded $36.55 in inflows with net assets coming at $343.78 million. Its total trading value surged to $46.12 million. 

    Grayscale GSOL ETF 

    In its full-time trading, Grayscale GSOL saw a total net inflow of $780.50K, with a market price of $12.99 at the time. Its total trading value reached $6.59 million with net assets of $96.19 million, as per SoSoValue data

    Overall, the spot Solana ETF recorded its lowest on Thursday since its launch. Its total net inflow dropped to $37.33 million, and total trading volume reached $52.71 million. Net assets came in at $439.97 million, representing 0.44% of Solana’s market cap. 

    Solana ETFs Awaiting SEC Approval 

    • CoinShares Solana ETF- Spot 
    • Canary Solana ETF- Spot  
    • 21Shares Core Solana ETF- Spot  
    • VanEck Solana Trust- Spot
    • Grayscale Solana Trust (Conversion)- Spot 

    Besides these spot Solana ETFs, some ETF Futures are also pending: 

    • ProShares UltraShort Solana ETF-Futures 
    • ProShares Ultra Solana ETF- Futures 
    • ProShares Short Solana ETF- Futures 
    • ProShares Solana ETF- Futures  
    • Solana Volatility Shares Trust- Futures 
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    FAQs

    What is the Bitwise BSOL Solana ETF and how does it work?

    The Bitwise BSOL ETF gives investors exposure to Solana by staking 100% of its assets, passing staking rewards to investors while charging low management fees.

    How much did the Solana ETFs record in inflows after launch?

    By the third day, U.S. spot Solana ETFs saw $37.33 million in total inflows, showing strong early adoption and investor confidence in Solana’s growth.

    What makes the Bitwise BSOL ETF attractive to investors?

    It offers zero management fees for the first three months and passes all staking rewards directly to investors, maximizing short-term returns.

    How do Solana ETFs benefit traditional investors?

    Solana ETFs let investors gain exposure to Solana’s price and staking rewards without managing crypto wallets, offering easier access through traditional markets.

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