According to Bloomberg ETF analyst Eric Balchunas, the REX-Osprey Solana + Staking ETF managed to generate a total of $33 million in trading volume on its first day.
This product has blown away XRP futures ETFs as well as the Solana futures ETF that were launched earlier this year.
However, the level of demand is nowhere near that of spot Bitcoin (BTC) and Ethereum (ETH) ETFs.
US-based spot Bitcoin ETFs, which were launched on Jan. 11, attracted an extremely impressive $4.6 billion on their first day.
Their Ethereum (ETH) counterparts achieved $1 billion during their debut.
The debut-day trading activity for these products was widely viewed as extremely impressive back then.