[Solana staking ETF attracts over 1 billion RMB in inflows, yet investors are still overall down 🤔💰]

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The money really has come in.
Bitwise's Solana staking ETF
Cumulative net inflows have surpassed $1 billion
America's first spot Solana ETF to reach $1 billion 📊

But you can open an account and take a look—numbers don't add up.
Investors have put in $1.01 billion in total
Fund assets are left with only about $760 million
Those who bought in are all overall losing money 😱

Why are so many still rushing in?
Because it's hassle-free—you don't have to manage your own private keys.
You can buy it through a regular brokerage account; institutions can also access it 🥲

Just think about it: SOL fell by about 49% over the past year.
The annualized staking yield is only 7%, which can't fill the gap.
No matter how sweet the returns are, it can't stop the coin price from dropping 🕳️

However, it rebounded by 49% in the last month.
On August 27 alone, another $40.2 million came in.
That accounted for 66% of the inflows from the day's nine Solana ETFs
The hype is still strong 🔥

📌 Money is flowing in, but assets are shrinking—Solana staking ETFs look driven by sentiment in the short term, while long-term performance still depends on the coin price

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#Solana #ETF #机构资金 #staking