Solana spot ETFs hit record $138M inflows amid governance vote and market optimism
Solana spot ETFs saw a record $138 million net inflow over 10 days, with Bitwise's Solana Staking ETF (BSOL) surpassing $1 billion in assets under management within 10 months. Despite this strong demand, Solana's price showed mixed signals, dropping 3.1% in 24 hours but rising over 10% in the past week. The recent on-chain governance vote approved faster disinflation but rejected a new fee structure, signaling ongoing community engagement. These developments highlight growing investor interest but do not guarantee price gains for SOL.
Solana spot ETFs saw a record $138 million net inflow over 10 days, with Bitwise's Solana Staking ETF (BSOL) surpassing $1 billion in assets under management within 10 months. Despite this strong demand, Solana's price showed mixed signals, dropping 3.1% in 24 hours but rising over 10% in the past week. The recent on-chain governance vote approved faster disinflation but rejected a new fee structure, signaling ongoing community engagement. These developments highlight growing investor interest but do not guarantee price gains for SOL.
What's Your Reaction?
