🚀 U.S. Solana Staking ETF Explodes Onto Scene: $33M Volume, $12M Inflows on Day One
Wall Street finally catches up to crypto—with a Solana-shaped ETF.
The numbers don't lie: $33 million in debut volume and $12 million flooding in immediately. Traders clearly prefer digital yield over Treasury bonds collecting dust.
Why it matters: This isn't your grandma's income fund. The ETF packages Solana's staking rewards—normally locked in DeFi wallets—into a shiny institutional wrapper. Now suits can get exposure without learning what a 'validator' is.
The cynical take: Banks spent years fighting crypto... until they figured out how to charge 2% fees on it. Welcome to 'financial innovation,' where the house always wins.