According to Jinse, three new cryptocurrency spot ETFs began trading in the U.S. on October 28, including two altcoin ETFs from Canary and a Solana spot staking ETF (BSOL) from Bitwise. BSOL attracted $116 million in inflows in its first two days, significantly outperforming the HBAR and LTC ETFs. Galaxy notes that the launch highlights the evolving regulatory landscape and competitive dynamics in the ETF market. With 115 crypto ETFs now in the U.S., over 25 offer single-asset spot exposure. The SEC’s procedural guidance allowed these ETFs to bypass the standard waiting period, enabling them to start trading during a government shutdown. Bitwise’s BSOL also set a record for highest first-day trading volume among all ETFs in 2025 at $56 million. Analysts suggest more ETFs are expected to follow, with potential candidates including DOGE, BCH, and DOT.
Galaxy: Altcoin ETFs Emerge, Solana ETF Leads with Strong Inflows
JinseShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.