"Solana Futures ETF First Week Trading Volume at General ETF Level"

Son Min

Summary

It was reported that the first week trading volume of the Solana Futures ETF was at the level of a general ETF.
Analysts stated that the trading volume of the Solana Futures ETF was around $1 million, which is 80 times lower than the initial trading volume of the Bitcoin Spot ETF.
It was reported that the further away from Bitcoin, the lower the asset performance tends to be.

The performance of the Solana (SOL) Futures Exchange Traded Fund (ETF) has been evaluated as being at the level of a general ETF.

On the 31st (local time), Eric Balchunas, a Bloomberg ETF analyst, stated on X, "The Solana Futures ETF did not show significant movement," adding, "A trading volume of around $1 million is a decent performance by general ETF standards." He further mentioned, "This is about 80 times lower than the initial trading volume of the Bitcoin Spot ETF," and "The further away from Bitcoin, the lower the asset performance."

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