Summary
- U.S. Solana (SOL) spot ETFs recorded a net inflow of $37.3 million in one day.
- It reported that despite institutional investors' buying pressure, Solana's spot price is showing a weak trend.
- It said Solana (SOL) was trading at $186 on the Binance Tether (USDT) market, down 4.7% from the previous day.
More than $30 million flowed into U.S. Solana (SOL) spot exchange-traded funds (ETFs) in a single day. Institutional investors' buying pressure continued, but Solana's spot price showed a weak trend.
On the 30th (local time), according to Farside Investors, Solana spot ETFs recorded a total net inflow of $37.3 million the previous day. Of that, Bitwise's BSOL accounted for most with $36.5 million, and Grayscale's GSOL also saw a net inflow of $800,000.
However, on that day on the Binance Tether (USDT) market, Solana was trading at $186, down 4.7% from the previous day, unable to escape the downward trend.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
