Bloomberg ETF analyst Eric Balchunas has provided insights into the first week performance of Solana (SOL) futures ETFs. According to Balchunas, the trading volume observed – around $1 million – aligns with that of typical ETFs in their initial week. However, he noted a disparity when compared to other cryptocurrency ETFs, particularly those focused on Bitcoin. "Solana futures ETF showed a trading volume of about $1 million in its first week, which is similar to other typical ETFs. It is noticeably lower when compared to Bitcoin ETFs. Liquidity decreases as you move away from BTC," Balchunas stated. This suggests that while SOL futures ETFs are holding their own against conventional ETFs, they are still lagging behind the dominant cryptocurrency in terms of trading activity. This difference likely reflects the higher demand and established market presence of Bitcoin-related investment products. ```

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