Last week saw the launch of a number of crypto ETFs in the United States – nearly two years after the first Bitcoin ETF was launched – ushering in a new and significant wave of institutional money to the crypto market. Until last week, only Bitcoin and Ethereum had ETFs in the US.
The main one that launched last week was a Solana Staking ETF, BSOL, which according to Fortune Crypto was the most successful ETF launch of 2025 in any asset class. Solana is a high performance blockchain governed by its namesake cryptocurrency, SOL, which is the sixth largest cryptocurrency by market capitalization. The blockchain is gaining unprecedented traction as traditional financial markets are rapidly moving onto the blockchain.
A managing partner at Multicoin Capital described last week’s BSOL launch as “truly a watershed moment,” noting that “the substantial majority of capital in the world was legally not allowed to trade or own Solana until today.”
As reported by Fortune Crypto, “mom-and-pop investors” can now invest more easily and safer in lesser known cryptocurrencies such as Solana. “For investors, this is about as McDonald’s easy as you can get.”