Grayscale debuts Solana staking ETF, as crypto firms push ahead despite government shutdown https://t.co/czu2hC5UNS ...

Core Insights - The introduction of lower minimum investment thresholds for 351 exchange ETFs is expected to attract more investors, with Alpha Architect announcing a new minimum of $150,000 for its upcoming US Equity 2 ETF [2][6] - The 351 exchange allows investors to transfer diversified stock holdings to certain ETFs without incurring capital gains taxes, which has garnered attention as a potential tax loophole [4] Investment Minimums - Alpha Architect's US Equity 2 ETF (AAEQ) will have a minimum investment of $150,000 for Schwab-custodied accounts, while Fidelity clients face a higher minimum of $5 million [2] - Cambria Investment Management has also indicated plans to lower investment minimums for its 351 exchange ETFs to as low as $100,000, potentially increasing participation [6] 351 Exchange Process - The 351 exchange process varies by custodian, with some custodians like Schwab facilitating quicker transfers compared to others, which may take longer [3] - Financial advisors are exploring the 351 exchange strategy for clients with complex portfolios, although the rules can be complicated [5] Market Activity - Alpha Architect's US Equity ETF (AAUS) has attracted nearly $500 million since its launch in July, while Cambria's Global EW ETF (GEW) raised $150 million before trading began in September [6]

ETF Performance - BitwiseInvest Solana Staking ETF 在纽约证券交易所 (NYSE) 首秀后，交易额达到 5600 万美元 [1] - 该 ETF 是 2026 年最大的 ETF 首秀 [1] Industry Perspective - Solana 质押 ETF 将吸引机构投资者数十亿美元的资金 [1] - BSOL 被描述为“拼图中缺失的部分” [1]

Bitwise spot Solana ETF draws $69.5 million on debut as new HBAR and Litecoin funds see zero flows https://t.co/gfyNVpzZF4 ...

Market Overview - The Shanghai Composite Index rose 0.70% to close at 4016.33 points, the Shenzhen Component Index rose 1.95% to close at 13691.38 points, and the ChiNext Index rose 2.93% to close at 3324.27 points. The trading volume of A-shares in the two markets was 2290.9 billion yuan. The top-performing sectors were power equipment (4.79%), non-ferrous metals (4.28%), and non-bank finance (2.08%), while the bottom-performing sectors were banks (-1.98%), comprehensive (-0.56%), and food and beverage (-0.56%) [2][6]. Stock ETF - The top-trading-volume stock ETFs were Huaxia CSI A500 ETF, which rose 1.35% with a discount rate of 1.32%; Cathay CSI All-China Securities Company ETF, which rose 2.22% with a discount rate of 2.22%; and Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF, which rose 1.29% with a discount rate of 1.27% [3][7]. - The top ten trading-volume stock ETFs and their detailed information are presented in Chart 1, including code, fund name, price, return, tracking index, IOPV, discount rate, trading volume, and latest share [8]. Bond ETF - The top-trading-volume bond ETFs were Haifutong CSI Short-Term Financing Bond ETF, which rose 0.01% with a discount rate of -0.00%; Huaxia Shanghai Stock Exchange Benchmark Market-Making Corporate Bond ETF, which rose 0.09% with a discount rate of -0.17%; and Boshi CSI Convertible and Exchangeable Bond ETF, which rose 1.05% with a discount rate of 0.77% [4][9]. - The top five trading-volume bond ETFs and their detailed information are presented in Chart 2, including code, fund name, price, return, discount rate, and trading volume [10]. Gold ETF - Gold AU9999 rose 1.82%, and Shanghai Gold rose 1.03%. The top-trading-volume gold ETFs were Huaan Gold ETF, which rose 1.11% with a discount rate of 1.34%; E Fund Gold ETF, which rose 1.11% with a discount rate of 1.32%; and Boshi Gold ETF, which rose 1.15% with a discount rate of 1.35% [12]. - The top five trading-volume gold ETFs and their detailed information are presented in Chart 3, including code, fund name, price, return, trading volume, IOPV, and discount rate [13]. Commodity Futures ETF - Dacheng Non-Ferrous Metals Futures ETF rose 1.61% with a discount rate of 0.89%; Huaxia Feed Soybean Meal Futures ETF fell 0.36% with a discount rate of 2.96%; and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.56% with a discount rate of 0.40% [13]. - The detailed information of commodity futures ETFs, including code, fund name, price, return, trading volume, IOPV, discount rate, tracking index, and tracking index return, is presented in Chart 4 [14]. Cross-Border ETF - The previous trading day, the Dow Jones Industrial Average rose 0.34%, the Nasdaq Composite rose 0.80%, the S&P 500 rose 0.23%, and the German DAX fell 0.12%. The Hong Kong stock market was closed today. The top-trading-volume cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF, which rose 1.70% with a discount rate of 1.91%; Huatai-PineBridge CSI Korea Exchange Sino-Korean Semiconductor ETF, which rose 3.52% with a discount rate of 7.52%; and GF CSI Hong Kong Innovative Drug ETF, which rose 0.89% with a discount rate of 0.83% [15]. - The top five trading-volume cross-border ETFs and their detailed information are presented in Chart 5, including code, fund name, trading volume, return, and discount rate [16]. Money Market ETF - The top-trading-volume money market ETFs were Yin Hua Day Profit ETF, Hua Bao Add Benefit ETF, and Money Market ETF Jianxin Add Benefit [17]. - The top three trading-volume money market ETFs and their trading volumes are presented in Chart 6 [19].

Core Viewpoint - The cryptocurrency market has experienced a decline of 1.12% in the past 24 hours, with cautious sentiment prevailing as investors await the Federal Reserve's policy decision [1] Market Sentiment - The total market capitalization of cryptocurrencies is approximately $3.81 trillion, with a 24-hour trading volume of about $171.86 billion. The current market sentiment is neutral at 50, reflecting caution among investors [9] Federal Reserve Concerns - Investor concerns regarding the Federal Reserve's policy have led to reduced investments ahead of the Federal Open Market Committee meeting [1] Solana ETF Performance - Despite a significant inflow of $69.5 million into Bitwise's SOL ETF, the price of SOL has decreased by 3% [2] Leverage Reduction - There has been a 17.5% decrease in open positions in derivatives, indicating a reduction in speculative activity. In the last 24 hours, 140,317 individuals were liquidated, totaling $523 million, with long positions suffering the most at $365 million [3] Major Cryptocurrency Performance - Bitcoin (BTC): Price around $113,135, down 0.51% in 24 hours. Key resistance at $113,600 and support between $111,700 and $111,400 [5] - Ethereum (ETH): Price around $4,034, down 1.06% in 24 hours. Key resistance at $4,040 and support at $3,915 [6] - BNB: Price around $1,110, down 1.35% in 24 hours. The price has shown signs of weakness after a previous rally [7] - Solana (SOL): Price around $195, down 1.78% in 24 hours. Key support at $197 [8] Top Gainers and Losers - Top 3 Gainers: 1. MDT: Price $0.02428, up 37% 2. SHELL: Price $0.1230, up 19% 3. FLM: Price $0.0233, up 16% [11] - Top 3 Losers: 1. KDA: Price $0.045, down 28% 2. OG: Price $10.54, down 25% 3. FUN: Price $0.00328, down 21% [11]

Bitwise's Solana ETF Draws $69.5M on Debut, Outpacing Rival Fund's Launch► https://t.co/4z2OaRCu6Y https://t.co/4z2OaRCu6Y ...

ETF Performance - Bitwise Solana Staking ETF (BSOL) recorded $6945 million in net inflows on its first day of listing [1] - BSOL's total net assets reached $289 million [1] - BSOL's SOL net asset ratio is at 027% [1] - Canary HBAR ETF and Canary Litecoin ETF recorded no net inflows or outflows on their first trading day [1]

ETF Launch & Performance - Bitwise's Solana Staking ETF (BSOL) achieved $57.91 million in first-day trading volume, surpassing all crypto ETF launches in 2025 [1] - BSOL's debut exceeded the $52 million forecast, indicating strong investor confidence in Solana [4] - The fund had already attracted $223 million in assets before trading commenced [1] Solana & Staking - BSOL is the first Solana staking ETF approved for trading in the U S [2] - The ETF offers investors exposure to Solana (SOL) while generating an estimated 7% annual yield from staking rewards [2] Institutional Sentiment & Market Outlook - Bitwise views the ETF as part of a broader institutional shift towards staking-based returns [3] - JPMorgan estimates that Solana and XRP ETFs could attract up to $8 billion in inflows within six months of launch [4] Comparisons - Canary Capital's HBAR ETF had $8 million in day-one volume, and its Litecoin ETF had only $1 million [4]

ETF Performance - Bitwise's Solana Staking ETF achieved $55 million in first-day trading volume [1] - The ETF's debut represents the highest first-day trading volume for any crypto ETF in 2025 [1]