Key Notes

Bitwise’s SOL ETF started trading on Oct.28, with $69.5 million in debut inflows.

The investment product experienced weak demand despite the community's enthusiasm.

Grayscale also received approval for its Solana ETF.

The long-awaited US-based spot Solana SOL $196.3 24h volatility: 1.9% Market cap: $107.94 B Vol. 24h: $7.33 B exchange-traded product from Bitwise entered Wall Street for trading on Oct. 28.

The investment product, with the BSOL ticker, recorded $69.5 million in net inflows on day one, data from SoSoValue shows. BSOL also recorded a $57.9 million trading volume on its debut.

Despite the impressive bullish calls from the crypto community, BSOL traded at a 1.04% discount at $25.55 per share, according to SoSoValue. The indicator

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