A flurry of new crypto spot ETFs launched on Tuesday and Wednesday, meaning that mom-and-pop investors can now invest more easily in lesser-known cryptocurrencies. Until this week, these investors could only buy Bitcoin and Ethereum in ETF form and, based on initial demand, at least one of the new offerings is off to a roaring start.

Based on early demand, the hot new offering is an ETF that provides exposure to Solana, the sixth most popular cryptocurrency. According to Eric Balchunas, an analyst at Bloomberg Intelligence, the Bitwise Solana Staking ETF (BSOL) had the best ETF launch of 2025 in any asset class. Demand for other new ETFs, providing exposure to Litecoin and Hedera, was more muted.

These new offerings are significant since, although crypto exchanges like Coinbase hav

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