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SOL, LTC and HBAR Spot ETF officially opened for trading today.
Bitwise's Solana staking ETF has been listed on the NYSE under the ticker BSOL, with an asset size reaching $223 million on its first day, charging a management fee of only 0.2%. Canary Capital's Litecoin ETF and HBAR ETF have also been listed on Nasdaq, and Grayscale's Solana Trust ETF is scheduled to be listed on Wednesday.
The BSOL product is a single asset type, with 100% direct holding of Spot SOL. The staking goal is to pursue an annualized return of around 7%. The first three months have no management fee for assets up to $100 million, and the conditions are indeed quite sincere.
The market reacted with SOL prices briefly breaking through $200, but the 24-hour increase narrowed to a negative 1.96%. HBAR surged by 20.53%, and LTC rose by 6.19%. Analysts expect to attract between $3 billion to $6 billion in inflows in the first year.
The support level for trading SOL is at $190, with resistance between $205 and $210. After breaking through, look for $220 to $230. HBAR is currently around $0.21, with a target of $0.25 to $0.3. LTC is holding the support at $96, with a view up to $112 to $120. #现货ETF获批新进展