Solana ETF Inflows Surge 70x to Best Week Since May, But There’s a Catch

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Solana spot exchange-traded funds drew $10.26 million in the week ending August 14, roughly 70 times the prior week’s $144,930, marking the strongest week since May 22. Bitwise’s Solana ETF dominated with $8.8 million on August 10, while Morgan Stanley’s Solana Trust added $1.43 million the following day. Despite seven consecutive weeks of net inflows totaling $28.05 million and $893.5 million in total net assets, SOL’s price fell 1.18% to $75.51. By comparison, Bitcoin ETFs saw $389.7 million in outflows while Ethereum ETFs remained nearly flat with a $2.26 million loss.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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