Solana News Today: Solana ETF's Rapid Growth Indicates Institutions Are Moving Away from Bitcoin

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Solana News Today: Solana ETF's Rapid Growth Indicates Institutions Are Moving Away from Bitcoin

Bitget-RWA2025/11/01 20:02

By:Bitget-RWA

- Bitwise's Solana Staking ETF (BSOL) raised $55.4M on its debut, marking the strongest crypto ETF launch in 2025 and signaling institutional interest in altcoins. - SEC regulatory clarity in 2025 enabled staking-based ETFs like BSOL, offering 7% annual yields and attracting investors seeking scalable blockchain infrastructure. - BSOL outperformed competitors (Hedera: $8M, Litecoin: $1M) by 70x, highlighting Solana's ecosystem maturity and appeal to yield-focused capital. - Despite Bitcoin's $55M liquidati

Discussions about whether the crypto market is entering an "altseason" have grown more heated, as a

Coinotag report

reveals that the

Solana

ETF’s unprecedented launch reflects increasing institutional interest in alternative cryptocurrencies. Bitwise’s Solana Staking ETF (BSOL) saw $55.4 million in trading volume on its first day on Nasdaq—the highest for any crypto ETF debut in 2025—demonstrating Solana’s popularity among investors seeking yield. With $223 million in assets at launch, BSOL gives investors direct access to Solana’s proof-of-stake network, which could generate an annual return of 7% through staking, according to the report.

The Coinotag article points out that regulatory guidance from the U.S. Securities and Exchange Commission (SEC) in May and August 2025 was crucial in allowing staking for proof-of-stake blockchains like Solana. This regulatory approval enabled Bitwise to launch BSOL without legal obstacles, following successful staking models in Europe. A

Live Bitcoin News report

referenced Bloomberg ETF analyst Eric Balchunas, who observed that BSOL’s trading volume far surpassed expectations, outpacing rivals such as the Hedera ETF at $8 million and the

Litecoin

ETF at $1 million. This gap highlights Solana’s advanced ecosystem, with investors favoring projects that deliver scalable infrastructure and real returns.

Still, the overall market remains unpredictable. According to a

Yahoo Finance article

, the Federal Reserve’s 25-basis-point rate reduction in October 2025 led to a surge of liquidations, wiping out $550 million in crypto positions within the 24 hours before the announcement.

Bitcoin

, which had been trading around $108,000, accounted for $55 million of those liquidations. Analysts such as Ali Martinez have pointed out that negative trends often follow Federal Open Market Committee (FOMC) statements, fueling doubts about Bitcoin’s stability in a changing monetary environment.

Even with Bitcoin’s recent volatility, the strong debut of the Solana ETF indicates that institutional investors are increasingly turning to altcoins with clear value propositions. By making staking yields accessible without the need for direct wallet management, BSOL makes it easier for traditional investors to pursue diversified returns, as noted in the Coinotag report. This movement reflects a larger pattern: as regulations become clearer, proof-of-stake networks are emerging as attractive alternatives to Bitcoin’s energy-heavy approach.

The stark difference between Solana’s significant inflows and the lack of first-day investments in the

HBAR

and Litecoin ETFs further demonstrates the market’s preference for projects with strong technical bases and active staking, according to Live Bitcoin News. While

Cardano

and

Stellar

also have promise, their slower uptake shows how crucial regulatory clarity and ecosystem development are for attracting investment. As more altcoin ETFs launch, Solana’s results set a high standard, though not every project is likely to achieve similar success.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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