An interesting movement was observed in the US crypto ETF market. Investors are exiting Solana and turning towards two major assets.
A fresh capital inflow of 21.1 million dollars was recorded for Bitcoin ETFs. On the Ethereum side, the situation is even stronger: a net inflow of 60.8 million dollars was recorded.
On the other hand, the Solana ETF had a tough day with an outflow of 8.2 million dollars.
So what does this volatility mean? While the institutional safe haven perception of BTC and ETH is strengthening, stability has not yet been achieved in altcoin ETFs.
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Ramen_Until_Rich
· 11-28 19:37
Sol has been hammered again, this is the consequence of not having institutional backing.
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SighingCashier
· 11-27 16:03
Sol has failed again, while BTC and ETH are thriving. This is the reality...
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NFT_Therapy_Group
· 11-27 10:47
SOL has been sold again, and this time nobody is catching a falling knife.
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WalletDetective
· 11-27 10:40
It's the same old routine with institutions rushing to trap SOL again. It seems we have to wait a bit longer for alt season.
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FarmToRiches
· 11-27 10:37
sol is being dumped again, is it really that no one wants it this time?
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ServantOfSatoshi
· 11-27 10:28
SOL investors are leaving again... BTC and ETH are being devoured by institutional funds lol
An interesting movement was observed in the US crypto ETF market. Investors are exiting Solana and turning towards two major assets.
A fresh capital inflow of 21.1 million dollars was recorded for Bitcoin ETFs. On the Ethereum side, the situation is even stronger: a net inflow of 60.8 million dollars was recorded.
On the other hand, the Solana ETF had a tough day with an outflow of 8.2 million dollars.
So what does this volatility mean? While the institutional safe haven perception of BTC and ETH is strengthening, stability has not yet been achieved in altcoin ETFs.