10-29
Bitwise Solana ETF Records $56 Million First-Day Trading Volume as SOL Remains Below $200
Bitwise's Solana ETF generated $56 million in trading volume on its October 28, 2025 debut, outperforming over 850 ETFs launched in 2025, according to Bloomberg ETF analyst Eric Balchunas. Despite the strong institutional reception, SOL traded at $195.41, remaining within a consolidation range between $192 and $197. The token failed to breach the $200 resistance level as technical indicators showed neutral momentum and flattening exponential moving averages.
10-29
10-29
First U.S. Altcoin ETFs Launch with $65M Volume as SOL, HBAR, LTC Show Divergent Performance
The United States launched its first altcoin exchange-traded funds on October 27, with Solana, Hedera, and Litecoin ETFs generating $65 million in combined first-day trading volume. Solana's ETF attracted $56 million in trading activity, yet the token declined 3.65% to around $191. Hedera's $8 million in volume corresponded with a 4.9% price surge to $0.193, while Litecoin's $1 million debut saw the token drop 3.3% to $96.
10-29