Big money on the move?
SOL spot ETFs saw net outflows of $3.32 million on October 8, marking four consecutive days of outflows.
ETF flows are one of the few ways to get a direct glimpse of Wall Street’s sentiment:
· Inflows = issuers need to buy spot SOL from the market
· Outflows = issuers need to sell spot SOL
Four straight days of selling means that this selling pressure will have a real impact on the market.
$SOL 24h -4.1%, add it to your watchlist for now.
#SOL
This is not investment advice. Invest at your own risk.
SOL spot ETFs saw net outflows of $3.32 million on October 8, marking four consecutive days of outflows.
ETF flows are one of the few ways to get a direct glimpse of Wall Street’s sentiment:
· Inflows = issuers need to buy spot SOL from the market
· Outflows = issuers need to sell spot SOL
Four straight days of selling means that this selling pressure will have a real impact on the market.
$SOL 24h -4.1%, add it to your watchlist for now.
#SOL
This is not investment advice. Invest at your own risk.