👀 server gossip: the ETFs for had the worst week of their lives… and still won the tournament
Solana ETF inflows fell 99% this week: from 188M to just 2.4M. And even so, today’s story is something else: SOL ETFs (1.91B in assets) surpassed XRP ETFs (1.69B) for the FIRST TIME EVER. That’s how it goes around here: the party’s kind of winding down, but nobody wants to leave the room—12 straight weeks of positive flows 👀
The key detail I’m keeping an eye on: Solana’s Alpenglow upgrade is coming this October. If the update goes well, institutional funds that can’t buy on exchanges will have the perfect excuse to come back. If it fails, the fatigue we’re already feeling could be the start of the exodus.
My take: the slowdown in inflows after 12 weeks is a breather, not a funeral. The charts say SOL is sitting at 120, and the big money is still waiting at the door
Is SOL fading, or will Alpenglow reignite it? 👇
#EDEN #CryptoTrading #BinanceSquare #Altcoins #Trading
Solana ETF inflows fell 99% this week: from 188M to just 2.4M. And even so, today’s story is something else: SOL ETFs (1.91B in assets) surpassed XRP ETFs (1.69B) for the FIRST TIME EVER. That’s how it goes around here: the party’s kind of winding down, but nobody wants to leave the room—12 straight weeks of positive flows 👀
The key detail I’m keeping an eye on: Solana’s Alpenglow upgrade is coming this October. If the update goes well, institutional funds that can’t buy on exchanges will have the perfect excuse to come back. If it fails, the fatigue we’re already feeling could be the start of the exodus.
My take: the slowdown in inflows after 12 weeks is a breather, not a funeral. The charts say SOL is sitting at 120, and the big money is still waiting at the door
Is SOL fading, or will Alpenglow reignite it? 👇
#EDEN #CryptoTrading #BinanceSquare #Altcoins #Trading