ETH ETFs just snapped a 10-day outflow streak. Tuesday brought +$24.8M back in - the first green session since September 28, closing out 10 straight days of withdrawals from Sept 29 to Oct 12.
Solana funds are telling the opposite story. After a record 14-week inflow run, SOL ETFs have been red in 8 of 9 October sessions, with only one $1.3M gain on Oct 2 breaking the slide.
Doesn't look like a clean rotation thesis so much as two assets trading on their own news - ETH catching a bid, SOL losing one in the same week.
Which turns first from here: does ETH's bounce hold, or does SOL find its floor?
#TokenBot #Crypto #ETF $ETH $SOL $TBOT
tokenbot.com
Solana funds are telling the opposite story. After a record 14-week inflow run, SOL ETFs have been red in 8 of 9 October sessions, with only one $1.3M gain on Oct 2 breaking the slide.
Doesn't look like a clean rotation thesis so much as two assets trading on their own news - ETH catching a bid, SOL losing one in the same week.
Which turns first from here: does ETH's bounce hold, or does SOL find its floor?
#TokenBot #Crypto #ETF $ETH $SOL $TBOT
tokenbot.com