Bitwise’s Solana ETF roared into 2025 with the year’s most dominant debut, with day two trading skyrocketing past launch levels as investors rushed toward Solana exposure, staking rewards, and accelerating institutional crypto adoption. Solana ETF Tops All 2025 Debuts in Volume—and Day 2 Blows Past Day 1 Investor enthusiasm for crypto funds accelerated this week as Bitwise Asset Management’s Solana-focused ETF extended its lead as the strongest exchange-traded fund debut of 2025. The Bitwise Solana Staking ETF (NYSE Arca: BSOL) saw even higher trading activity on its second day than its first, signaling strong momentum among institutional and retail investors. The fund seeks to stake all of its assets and has temporarily waived its management fee for early participants. Bloomberg ETF analyst Eric Balchunas said the Bitwise Solana Staking ETF recorded the highest first-day trading volume of any ETF launch this year, stating on social media platform X: BSOL’s $56m is the MOST of any launch this year. The analyst highlighted that BSOL’s first-day trading volume outpaced the REX-Osprey XRP ETF (XRPR), REX-Osprey SOL + Staking ETF (SSK), Dan Ives Wedbush AI Revolution ETF (IVES), and T-REX 2X Long BMNR Daily Target ETF (BMNU). He further shared that the ETF “was seeded with $220m,” asserting: “It could have invested seed on Day One, which would have resulted in $280m-ish, would be even more than ETHA’s debut. Strong start either way.” ETHA is Blackrock’s Ishares Ethereum Trust ETF. The Solana X account, run by the Solana Foundation, posted on Oct. 28 that the Bitwise Solana ETF was “#1 in trading volume across all ~850 ETF debuts in 2025,” setting a record on the New York Stock Exchange. Bitwise reported end-of-day figures for the second day of trading of its Solana Staking ETF on X, stating that it is the largest spot Solana ETF. As of 4 p.m., BSOL recorded $72 million in trading volume and holds $282 million in assets under management. The ETF targets 100% of assets staked and charges a 0.20% management fee, which is waived for the first three months on the first $1 billion in assets. All staking rewards will be passed through to investors with no fee during the same period. After the second day’s trading, Balchunas noted: BSOL did more volume on Day Two. $72m is a huge number. Good sign. Teddy Fusaro, president of Bitwise, emphasized the fund’s significance, stating: “The highest volume ETF launch of 2024 was bitcoin ETF. The highest volume ETF launch of 2025 was Solana ETF (BSOL).” Bitwise CEO Hunter Horsley echoed that sentiment, noting: “We built BSOL to be a high-quality product for investors: a low fee of 0.20% (waived to 0% for now) and 100% of SOL staked with technology from Helius. Thrilled to play our part in expanding access and beginning the work of bringing Solana to more mainstream investors. Onward.” Coinbase Institutional confirmed it serves as the exclusive custodian for BSOL through Coinbase Prime, highlighting its compliance-focused custody framework. Analysts say Solana’s strong staking economics and the ETF’s transparent structure could continue to attract institutional inflows throughout 2025. FAQ ⏰ Why is the Bitwise Solana ETF (BSOL) generating so much investor interest? BSOL offers full asset staking, zero initial management fees, and record-setting trading volume, making it a standout in the 2025 ETF landscape. How does BSOL compare to other recent ETF launches? BSOL outpaced all other 2025 ETF debuts in trading volume, including crypto and AI-related funds, signaling a historic launch performance. What advantages does staking SOL through BSOL offer investors? The ETF stakes 100% of its assets, providing investors with yield opportunities directly tied to Solana’s robust staking economics. Who is the custodian for the BSOL ETF? Coinbase Institutional acts as the exclusive custodian through Coinbase Prime, ensuring secure and compliant asset management.