Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Fa...
US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled to....
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Quick Facts: ➡️Spot Bitcoin and Ethereum ETFs logged several red-flow sessions this week, while Solana funds drew net inflows, signaling risk rotating beyond mega caps. ➡️ETF flow leadership often precedes performance, steering attention and liquidity toward chains where users need faster wallets, cross-chain routing, and simpler onramps. ➡️Sustained Solana ETF inflows ($70.1M on Monday) despite […]
The US Securities and Exchange Commission (SEC) has made a noteworthy advancement in the potential introduction of new altcoin-based financial products by acknowledging several filings for Solana ETFs. Solana ETFs Potential In a regulatory filing, the SEC opened up the floor for public comments on the proposed “Canary Solana Trust,” aimed at facilitating mainstream investment […]
After having a notable run with Bitcoin and Ethereum, the spot Exchange-Traded Funds (ETFs) are taking a shot at Solana in this new phase of the cryptocurrency and financial market. SOL’s foray into the ETFs arena marks a crucial landmark in its market dynamics, which is likely to enhance its potential as a long-term and […]
The race to bring Solana exchange-traded funds (ETFs) to the U.S. market is gaining pace. Several leading asset managers have moved closer to launching Solana spot ETFs by submitting updated filings with regulators. The filings arrived at the same time as coordination and progress with the Securities and Exchange Commission (SEC), and the ETF issuers […]
With the Spot Bitcoin and Ethereum ETF already trading, there have been discussions about whether or not fund issuers will apply for other crypto ETFs. Specifically, market experts have questioned if the world’s largest asset manager, BlackRock, will file for spot ETFs for other altcoins like Solana and XRP. BlackRock Unlikely To File For Spot […]