Bitwise Solana ETF's trading volume tops $72 million for second straight day

Source
Suehyeon Lee

Summary

  • Bitwise's Solana staking ETF 'BSOL' recorded trading volume of $72 million on its second day of listing.
  • Analyst Eric Balchunas described that trading size as an enormous number and a good sign.
  • BSOL also recorded $65 million in trading volume on its first day, achieving the top first-day performance among ETFs listed this year.
Photo=Eric Balchunas
Photo=Eric Balchunas

Trading volume of Bitwise's Solana (SOL) staking exchange-traded fund (ETF) 'BSOL' increased further on its second day.

On the 30th (local time), according to Eric Balchunas, a Bloomberg ETF analyst, BSOL's second-day trading volume surged compared with the previous day to reach $72 million (about 102.7 billion won).

Balchunas said, "$72 million is an enormous number; it's a good sign." Earlier, BSOL recorded total trading volume of $65 million on its first day of listing, marking the highest first-day performance among all ETFs listed this year.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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