Solana ETF Sees Record Inflows While Bitcoin Shows Underlying Bullish Strength Despite Stalling Breakout
Solana ETF Sees Record Inflows While Bitcoin Shows Underlying Bullish Strength Despite Stalling Breakout
Bitwise's Solana ETF (BSOL) experienced a strong debut, attracting record inflows and highlighting growing institutional interest in Solana. This surge comes as some investors are observed rotating out of Bitcoin and Ethereum investment products. Meanwhile, Bitcoin's price remains below a key resistance level, but underlying whale accumulation and overall market sentiment suggest a potential for a significant bullish move in the near future, despite its current stalled breakout.
Bitwise's BSOL strong debut reflects growing institutional demand for Solana exposure as investors rotate out of Bitcoin and Ethereum products.
Bitcoin price remains trapped below $112,500, as heavy supply clusters keep the breakout on hold. But with whale accumulation rising for the first time in a while, BTC might be building strength for a major move — one that could define November’s direction.