The Solana Staking ETF had a phenomenal debut on its first day of trading. Such a strong performance evidenced the underlying investor appetite for Solana-linked products. The fund had $33 million in trading volume on its first day. Its inaugural volume even exceeded that of the respective Solana and XRP futures ETFs on their first days.

The Solana Staking ETF, launched through the collaboration of Roundhill Investments, Solana Foundation, and Cowen Inc., was a big moment for the emerging cryptocurrency market. This makes it the first Solana ETF to be approved for trading in the U.S. market. Moreover, it’s not just the first multiple staking ETF given the greenlight to trade but the first-ever staking ETF approved in the U.S. market.

Bloomberg ETF Analyst Eric Balchunas has some good news… The Solana Staking ETF is up big enough to land in top 1% of all ETF launches. This ranking suggests strong investor demand. The ETF’s first-day performance made quite a splash when compared to other ETF launches by Balchunas.

The fund’s trading volume was a staggering $33M on its debut day. This performance was reported by cryptodnes.bg on 07.2025 16:00. The ETF’s launch made for big headlines in the crypto news industry.

The approval and launch of the Solana Staking ETF came as a high profile success for the Solana ecosystem. Its success is a strong sign that investor appetite for Solana-based investment products is on the rise. The Solana fund’s debut performance represents a key achievement not only for Solana, but the development of the cryptocurrency space as a whole.