Solana ETF’s $56M Day One Dwarfs New Litecoin, Hedera Funds as Altcoin Battle Heats Up

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The debut of three new altcoin ETFs reveals a stark divide in investor interest. While the trio collectively saw $65 million in volume, the Bitwise Solana Staking ETF (BSOL) accounted for a staggering $56 million of that total.

The first-ever spot Litecoin ETF managed just $400,000, with the Hedera fund at $4 million.

This launch continues a trend of strong altcoin ETF debuts, following last month’s $55 million for XRP and Dogecoin funds and last year’s $1 billion-plus day for spot Ethereum ETFs, but points to Solana as the current front-runner.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.