Solana ETFs Outperform Bitcoin and Ethereum, Fueling Liquidity Shift Discussions
Solana ETFs Outperform Bitcoin and Ethereum, Fueling Liquidity Shift Discussions
Solana (SOL) ETFs have shown remarkable performance, attracting $284 million over six consecutive trading days since October 28, following the launch of Bitwise's BSOL. This strong inflow contrasts sharply with Bitcoin (BTC) ETFs, which experienced significant outflows of $1.7 billion, and Ethereum (ETH) products, which shed $473 million during the same period. This divergence suggests a potential siphoning of liquidity from established cryptocurrencies to Solana, prompting discussions about shifting investor interest.
For six consecutive trading days starting Oct. 28, when Bitwise launched BSOL, US Solana ETFs pulled in $284 million while Bitcoin and Ethereum funds bled capital. According to Farside Investors’ data, Bitcoin ETFs lost $1.7 billion over the same stretch. Ethereum products shed $473 million. The divergence wasn’t subtle, and it arrived at a moment […]