According to Bloomberg ETF analyst Eric Balchunas, the REX-Osprey Solana + Staking ETF (SSK) managed to generate a total of $33 million in trading volume on its first day. 

This product has blown away XRP futures ETFs as well as the Solana futures ETF that were launched earlier this year. 

However, the level of demand is nowhere near that of spot Bitcoin (BTC) and Ethereum (ETH) ETFs. 

HOT Stories July 9 Crucial for Crypto: Here's Why Peter Brandt Issues Epic Bitcoin Price Prediction as Fake Bearish Pattern Appears Mysterious $816,524,780 Bitcoin Transfer Stuns Community, Here's Who's Behind It Crypto Alert: These 40 Firefox Extensions Can Instantly Drain Your Wallet

U.S.-based spot Bitcoin ETFs, which were launched on Jan. 11, attracted an extremely impressive $4.6 billion on their first day. Their Ethereum (ETH) counterparts achieved $1 billion during their debut. The debut-day trading activity for these products was widely viewed as extremely impressive back then. 

You Might Also Like
Wed, 07/02/2025 - 14:08 Breaking: SOL Price Spikes as First Solana ETF Goes Live ByAlex Dovbnya

It is worth noting that SSK is not a pure spot ETF since it was set up as a C corporation, and it was able to bypass the traditional ETF approval process. The unorthodox legal form was specifically chosen in order to enable staking rewards. 

Those who want to see pure Solana plays will have to wait a bit longer before the SEC eventually approves various offerings from such players as Franlink Templeton and Bitwise. It remains to be seen how much demand these products will see compared to the previous spot ETF launches.   

"Pure play" Solana ETFs have a 95% chance of being approved later this year, according to leading Bloomberg analysts.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。