U.S. Launches First Solana Spot ETF, Achieving Impressive First-Day Trading Volume of Approximately JPY 4.8 Billion

The United States' first Solana spot staking ETF, the 'REX-Osprey Solana+ Staking ETF', began trading on July 3rd, coinciding with the market opening, and recorded a first-day trading volume of approximately USD 33 million (about JPY 4.8 billion). According to Bloomberg's senior ETF analyst, Eric Balchunas, the first-day volume 'significantly exceeded that of Solana futures ETFs or XRP futures ETFs (or the average ETF listing), though it was much less than that of Bitcoin or Ethereum spot ETFs.' Balchunas also reported that the SOL assets under management concluded the day at around USD 1 million...